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Fast Food Restaurant Seeking Loan in San Francisco, Philippines

Well-established Filipino fast-food restaurant that has a seating capacity of 70 people.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 245 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 40 %
Industries Fast Food Restaurants
Locations  San Francisco
Local Time 10:23 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 53 thousand for 10.0% annual interest, 3 years (Native Currency: PHP 3,000,000)
Reason: We are seeking this funding to open more outlets. We plan to open over 100 outlets in the next 2 ye... View More
Collateral Available: USD 53 thousand
Includes physical assets worth USD 88 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a profitable food business and receive 50-60 customers on a daily basis.
- Our facility is located in a prime location.
- There is a parking space available near our restaurant.
- Restaurant has a seating capacity of 70 people.
- We have a reputed brand name and a good customer base.
- Funds will be used for working capital requirements and renewal of business permits.
- This is a sole proprietorship with no outstanding liabilities.
Products & Services Overview
We are a Filipino fast-food restaurant and have a good customer base.
Assets Overview
Physical assets include air conditioners, restaurant set up, and kitchen equipment.
These assets are crucial for our operations and cannot be liquidated.
Facilities Overview
Our restaurant facility is on a rental basis.
Capitalization Overview
The business has no loans at the time.
The business has been profitable since its inception, and as the economy recovers from COVID-19, our goal is to expand by replicating the business to serve our loyal customers. We aim to open more outlets in the Philippines to drive greater net profit.
Recent Activity
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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.
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