Food Delivery Business Seeking Loan in Bangalore, India

New concept restaurant and food delivery business based in Bangalore, requires investment to start operations.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Bangalore
Local Time 8:54 AM Bangalore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4 million for 24.0% annual interest, 3 years (Native Currency: INR 300,000,000)
Reason: To set up the rest of the food court / kitchens around Bangalore. Also, to start operations at our a... View More
Collateral Available: USD 160 thousand
Includes physical assets worth USD 34 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
GST Certificate
Business Overview

- A food court and food delivery business based in Bangalore.

- Business is still in the pre- revenue phase and will start operations as soon as the investment is received.

- It is a new concept where we will have a food court set up that will serve a variety of cuisine such as - Chinese, Thai, Mexican, Indian, Continental, Fast food.

- Customers will be able to eat at the food court or order food through our platform.

- We have already set up our first food court and kitchen in Bangalore.

- There is a maximum capacity of 100 individuals.

- Have hired 30 individuals who will handle cooking and delivery of food.

- We are planning to set up 10 food court / kitchens each in North, South, East and South Bangalore that will deliver within a 10 Km radius.

- In the future we will also begin selling fresh cut meat on our platform.

- Business used to cater to corporate clients such as Wipro and Infosys before starting this venture.

- Owner has 38 years of experience in this industry.

Products & Services Overview

Food court and food delivery business serving - Chinese, Thai, Mexican, Indian, Continental, Fast food.

Facilities Overview
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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