Newly Established Bar Seeking Loan in Hyderabad, India
Upcoming bar and restaurant with a unique concept seeking loan.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Hyderabad |
| Local Time | 3:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
29 thousand
for
30.0%
annual interest,
2
years
(Native Currency: INR 2,500,000)
Reason: To fund the operations and further expansion of the location.
We forecast INR 5 lakh of daily sales...
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Collateral Available: USD 0
Includes physical assets worth
USD
640 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Project Report
(3.7 MB)
Reception 3D View Render
(50.0 KB)
Reception Render
(72.7 KB)
Firm Registration Certificate
(154.3 KB)
Business Overview
We are an upcoming state of art infrastructure curated by renowned chefs with a creative approach to global cuisine served by an all-female staff and bartenders.
Have hired the entire team and they are being paid from our own funds at the moment. The furnishing will be completed at the end of the month and we will launch in August.
We forecast INR 5 lakh of daily sales and an operating profit margin of at least 40%. Through this, we would be able to cover the interest charges and loan repayment.
Have hired the entire team and they are being paid from our own funds at the moment. The furnishing will be completed at the end of the month and we will launch in August.
We forecast INR 5 lakh of daily sales and an operating profit margin of at least 40%. Through this, we would be able to cover the interest charges and loan repayment.
Products & Services Overview
Multicuisine food, beverages, cocktails, liquor, and catering.
Assets Overview
Tangible assets include the rental deposit of INR 30 lakh, all the furniture, fixtures, and equipment worth INR 5.2 crore.Intangible assets include the alcohol license was for INR 1.5 crore.
Facilities Overview
Bar and restaurant has an 8,400 sq. ft. built-up area with a central kitchen of 1,200 sq. ft. The sitting capacity is 140 pax.The outlet is on lease for a period of 7 years and is extendable. The monthly rent is INR 6 lakh and we have paid a deposit of INR 30 lakh.
Capitalization Overview
- At present, there are two partners.- Bootstrapped the entire business with INR 7 crore.
- There are no loans planning to start this and later expand to major cities.
Recent Activity
-
Earlier than 15 daysManaging Director, Information & Technology, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Architect, IT, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysTeam Lead, IT, Hyderabad, Individual Investor / Buyer connected with the Business
Tags:
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·Lend to Newly Established Fine Dine Restaurant in Hyderabad, India
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·Newly Established Beach Bar Seeking Loan in Hyderabad, India
·Newly Established Tavern Seeking Loan in Hyderabad, India
·Lend to Newly Established Bar License in Hyderabad, India
·Lend to Newly Established Sports Bar in Hyderabad, India
·Lend to Newly Established Restaurant in Hyderabad, India
·Lend to Newly Established Beach Bar in Hyderabad, India
·Newly Established Bar Seeking Loan in Hyderabad, India
·Newly Established Pub Seeking Loan in Hyderabad, India
·Lend to Newly Established Tavern in Hyderabad, India
·Newly Established Fine Dine Restaurant Seeking Loan
·Lend to Newly Established Bar in Hyderabad, India
·Lend to Newly Established Pub in Hyderabad, India
·Newly Established Casual Restaurant Seeking Loan
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