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Convenience Store Seeking Loan in Bago City, Philippines

Non-operational grill house with grocery store seeks a loan.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Bago City
Local Time 6:35 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 7.0% annual interest, 3 years (Native Currency: PHP 15,000,000)
Reason: Need funds to restart the business.
Collateral Available: USD 450 thousand
Includes physical assets worth USD 270 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Non-operational business for over a year.
- We sold the basic needs of the people for their daily living.
- Had established good relationships for the mutual benefit of both clients and the owner for higher profits.
- Generated equal revenue from the restaurant business and grocery shop.
- We used to receive around 250 customers daily. It used to go over 250 during weekends.
- We have business permits.
Products & Services Overview
Fast food and groceries including tilapia fish from fish pond.
Assets Overview
Land area with structures, but it needs renovation.
Facilities Overview
Own 300 sqm land area, kitchen 20 sqm, groceries and grill house 150 sqm with a parking area that's owned by the promoter.
Capitalization Overview
- Have a loan in the bank.
- Sole proprietorship business.
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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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