Newly Established Bar Seeking Loan in Pune, India

New concept pub in one acre targeting 7.5 lac IT employees by experienced promoter.
This transaction has concluded.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:57 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 180 thousand for Undisclosed annual interest, 2.0 years (Native Currency: INR 12,500,000)
Reason: My cibil was impacted a bit in the last year because of the demonetisation which I am going to recov... View More
Collateral Available: USD 220 thousand
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Business Overview

I am in the line of Restaurant & Bar business from last 3 years besides the business of consultancy. I am running a Restaurant & Bar under a different brand in Creaticity Mall in Vimannagar Area of Pune operational since last year having a turnover of around 5 Cr per annum.

After successful operation and running of my first joint we are coming up with one of the largest and the most glamorous joints of Pune in the heart of the IT hub of Hinjewadi.

A state of the art facility with the seating of 600 tables, world class banquet where corporate can hold parties. German brewery producing out of the world taste of beer. This will be a place of excellent class and marvellous musical arena. We are starting this place to capture the untapped and unorganised fine dine and wine market of Hinjewadi which cater’s to almost 750000 employees. Our aim is to generate around 25 crores annually. The sales forecast is based out of a well executed research carried out by an market agency.

Products & Services Overview

Pub, brewery, music, banquet.

Facilities Overview
Recent Activity
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This transaction has concluded. 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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