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Bakery Seeking Loan in Abu Dhabi, United Arab Emirates

Upcoming bakery in a community mall to serve German delights to retail and wholesale customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bakeries
Locations  Abu Dhabi
Local Time 10:57 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 4 years (Native Currency: AED 1,000,000)
Reason: To setup the outlet. We want our first retail shop to be the flagship store. We see ourselves to be ... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Bakery Concept
Business Overview

German bakery to come up in a community mall in Abu Dhabi on a 283 sq mt space. The brand is in the process of registration and shall be done within few days. We are in the final stage to lease the facility in a mall. Business plans to target individuals, tourists, supermarkets, HoReCa and catering firms. We project a revenue of AED 2 Mn per year. Starting with one outlet now and would expand in future to capture endless opportunities in the UAE, other GCC countries and Global market.

Founder of the business is a chef by profession and has been in this industry since 2003. The business is still in the setup phase and post investment, we'll buy machines, equipment, furniture and other assets for the bakery.

Products & Services Overview

German delights including breads, bread rolls, sandwiches, cakes, pretzel, croissants, hot and cold beverages.

Facilities Overview

In the process to finalize 283 sq mt area in a community mall which receives 500k monthly footfalls. It will be on the ground floor and the lease amount would be approx. AED 220k a year.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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