Need help?

Ice Cream Parlor Seeking Loan in Trichy, India

Business loan sought by a rapidly-growing ice cream parlour business to build own manufacturing unit.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12.2 thousand
Run Rate Sales USD 16.2 thousand
EBITDA Margin 40 %
Industries Ice Cream Parlors
Locations  Trichy
Local Time 3:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: For starting our own ice cream manufacturing unit.
Collateral Available: USD 13.5 thousand
Includes physical assets worth USD 5.6 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Parlour Interior
Business Overview
- Ice cream parlor business started in June last year with the first outlet being in the city center.
- Within 10 months, it has opened another 3 outlets in Trichy, in which 1 outlet is our new branch and 2 are franchisees.
- Also, more franchisee inquiries are lined up.
- Now we have planned to start a manufacturing unit with a concept of direct selling to retailers as well as consumers.
Products & Services Overview
- Ice cream.
- Nuggets.
- French fries.
- Mojitos.
- Falooda.
- Burger.
- Pizza.
Assets Overview
Tangible assets include the kitchen and interior setups like:
- 8 table sofa sets.
- 3 deep freezers.
- 2 micro ovens.
- 2 mixers.
- Air conditioner,
- 3 wall-mounted fans.
- 4 kitchen tables.
- Utensils.
Facilities Overview
150 - 250 sq. ft shops that are air-conditioned and have a seating arrangement for up to 25 pax.
2 company-operated branches, one in Trichy and another in Karumandapam, and 2 franchisee outlets in Trichy.
Our first outlet was opened in Puthur in Central Trichy.
Capitalization Overview
This business is a debt-free sole proprietorship.
Recent Activity
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
3 Investors already contacted this Business. Register below to connect now!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more