Newly Established Bar Seeking Loan in Mumbai, India
Indo-Irish restaurant brand seeking investment to start the brand in Mumbai.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Mumbai |
| Local Time | 4:13 PM Europe / Dublin |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
9.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: Startup investment to set-up the restaurant and start operations.
Collateral Available: USD 335 thousand
Interested to connect with advisors
Documents
Business Presentation
(3.6 MB)
Business Overview
Indo-Irish restaurant company in the process of registration and website development.
We are a new company, but our target is to grow at a rate of 110% from the very 1st year.
We already run a pub in Ireland under a different company and now we want to start in India.
We have 30+ years of experience among the directors.
For the new set-up, we have already done the analysis, and marketing plans, and finalized a land in Goregaon.
Expected revenue from 1st year will be INR 7-8 crore with good profit margins.
One of the promoters is in Ireland and the other promoter in India will take care of the operations.
We are a new company, but our target is to grow at a rate of 110% from the very 1st year.
We already run a pub in Ireland under a different company and now we want to start in India.
We have 30+ years of experience among the directors.
For the new set-up, we have already done the analysis, and marketing plans, and finalized a land in Goregaon.
Expected revenue from 1st year will be INR 7-8 crore with good profit margins.
One of the promoters is in Ireland and the other promoter in India will take care of the operations.
Products & Services Overview
Indo-Irish gastro pub and restaurant in the heart of Mumbai with fusion food, we will serve the upper middle class and the elite, with world-class alcohol and food.
Assets Overview
We will spend around INR 2-3 crore for bar and restaurant equipment including food and drinks.
Facilities Overview
Facility will have 2 floors with an area of 5,000 sq ft.Have finalized a place in Goregaon for rent.
Capitalization Overview
We are the first of our kind in the whole of India and planning to spread across all metropolitans of India.We do not have any debts.
There are 3 directors with equal shares in the company.
Recent Activity
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Mumbai, Financial Consultant connected with the Business
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·Lend to Newly Established Sports Bar in Mumbai, India
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·Newly Established Bar License Seeking Loan in Bombay
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