Newly Established Bar Seeking Loan in Anjuna, India
Upcoming nautical themed resto-bar in Anjuna that will feature coastal cuisine and maritime memorabilia.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Anjuna |
| Local Time | 9:15 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
51 thousand
for
13.0%
annual interest,
5
years
(Native Currency: INR 4,500,000)
Reason: Seeking favorable terms and ease of fund disbursal from private / institutional lenders.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Business Overview
- Planned capacity of clients that can be hosted is 100 to 125.
- Revenue streams and their projected split - beverages (50%), food & appetizers (35%), and events / merchandise (15%)
- Promoters are new entrants into hospitality sector but are backed by seasoned managers/mixologist.
- Estimated EBITDA at the end of first year after commencing operation is INR 60 to 70 lakhs INR, growing at the rate of 10-12% YoY.
- Business has a certificate of incorporation.
- Revenue streams and their projected split - beverages (50%), food & appetizers (35%), and events / merchandise (15%)
- Promoters are new entrants into hospitality sector but are backed by seasoned managers/mixologist.
- Estimated EBITDA at the end of first year after commencing operation is INR 60 to 70 lakhs INR, growing at the rate of 10-12% YoY.
- Business has a certificate of incorporation.
Products & Services Overview
The resto-bar will have signature cocktails in consultation with an experienced mixologist, coastal inspired local and internationally styled cuisine focusing on sea food.
Assets Overview
No tangible assets owned by the business.Intangible assets include the brand name, and lease of the location for 5 years.
Facilities Overview
Total carpet area planned for the resto-bar is around 2,800 sq feet, property is planned to be built as a single floor less than 100 meters from the beach in Anjuna. Estimated seating capacity will be around 100 - 125 persons.
Capitalization Overview
- Currently the directors (2 in number) own the whole of the business shared in a ratio equal to 70:30.
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·Lend to Newly Established Bar License in Anjuna, India
·Lend to Newly Established Sports Bar in Anjuna, India
·Lend to Newly Established Restaurant in Anjuna, India
·Lend to Newly Established Beach Bar in Anjuna, India
·Newly Established Bar Seeking Loan in Anjuna, India
·Newly Established Pub Seeking Loan in Anjuna, India
·Newly Established Fine Dine Restaurant Seeking Loan
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·Lend to Newly Established Bar in Anjuna, India
·Lend to Newly Established Pub in Anjuna, India
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