Fast Food Restaurant Seeking Loan in Maldives
QSR operating successfully with 1 outlet, seeking funds to open another outlet in Malé.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 180 thousand |
| Run Rate Sales | USD 183 thousand |
| EBITDA Margin | 25 % |
| Industries | Fast Food Restaurants |
| Locations | Maldives |
| Local Time | 10:44 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
65 thousand
for
18.0%
annual interest,
5
years
(Native Currency: MVR 1,000,920)
Reason: Open an outlet in Malé.
Collateral Available: USD 13 thousand
Includes physical assets worth
USD
32.5 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST Certificate
(13.6 MB)
Business Overview
Successfully running QSR restaurant serving rice, noodles and varieties of submarine & burgers, is seeking funds to start 2nd outlet in the capital city in Malé. Our current outlet is located in one of the atoll in Maldives. We plan to start the 2nd outlet in Malé.
Current outlet: It is spread on 2 floors with total seating capacity for 89 customers. The outlet has complete indoor seating arrangements along with a small facility for kids entertainment. The restaurant is popular amongst the tourist and locals. Have 1,200+ likes & followers on Facebook.
Proposed outlet: The proposed outlet will be in the capital city in Malé which will have both indoor and outdoor seating facility along with a small kids entertainment section. We are yet to finalize the location.
Business owned assets include kitchen equipment and furniture owned at our current outlet.
Current outlet: It is spread on 2 floors with total seating capacity for 89 customers. The outlet has complete indoor seating arrangements along with a small facility for kids entertainment. The restaurant is popular amongst the tourist and locals. Have 1,200+ likes & followers on Facebook.
Proposed outlet: The proposed outlet will be in the capital city in Malé which will have both indoor and outdoor seating facility along with a small kids entertainment section. We are yet to finalize the location.
Business owned assets include kitchen equipment and furniture owned at our current outlet.
Products & Services Overview
Serves rice, noodles, kothu, pasta along with varieties of submarine, burger and crispy fried chicken. These items are very popular among the current customer base and therefore we wish to put more emphasis on these products when we open a branch in Malé.
Facilities Overview
Current outlet - It is spread on 2 floors with total carpet area of 4,000 sq ft. The facility is on rent.Proposed outlet - We are yet to finalize the location. It will be also taken on lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Retail & Wholesale Distribution, Metro Manila, Corporate Investor / Buyer connected with the Business
Tags:
Fast Food Restaurant Seeking Loan in Maldives
·Lend to Fast Food Restaurant in Maldives
·Fast Food Restaurant Seeking Loan
·Diner Seeking Loan in Maldives
·QSR Seeking Loan in Maldives
·Lend to Fast Food Restaurant
·Lend to Diner in Maldives
·Lend to QSR in Maldives
·Diner Seeking Loan
·QSR Seeking Loan
·Lend to Diner
·Lend to QSR
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses