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Food Cart Seeking Loan in Tacloban City, Philippines

Food cart offering a yummy and juicy grilled chicken seeks a loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 30 - 40 %
Industries Food Carts
Locations  Tacloban City
Local Time 4:15 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 12.0% annual interest, 5 years (Native Currency: PHP 10,000,000)
Reason: Need extra funds to expand more branches.
Collateral Available: USD 0
Includes physical assets worth USD 68 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Year after year, our business tops the Tacloban Customer Service Index to be named the city’s best fast food take-out restaurant.
- People can't get enough of the chicken and liempo.
- We have 5 branches and receive around 2,000 customers daily.
- We serve good quality and value-for-money food.
Products & Services Overview
Whole grilled chicken.
Grilled pork liempo.
Grilles milkfish.
Assets Overview
Equipment (freezers & chiller) of all the branches.
Facilities Overview
The main branch is located on 1 floor on an 18 sqm area with a monthly rent of PHP 15,000.
Capitalization Overview
- The business is currently funded by the profit from the business and money inherited from the parents.
- Business has a sole proprietor.
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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