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Newly Established Cafe Seeking Loan in Abu Dhabi, United Arab Emirates

Business idea with a unique F&B concept by a local promoter seeks investment/loan.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cafes
Locations  Abu Dhabi
Local Time 4:47 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 540 thousand for 15.0% annual interest, 5 years (Native Currency: AED 2,000,000)
Reason: Seeking startup funds and a silent investor/partner who can be a part of our business at an agreed l... View More
Collateral Available: USD 0
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Business Name
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Business Overview

- Have identified a location which is one of top spaces with high footfall in Abu Dhabi.

- We are planning to lease the selected space and start operations within the next three months.

- Target market includes UAE residents and foreigners. Social media marketing and government collaborations will be used for staffing and marketing purpose.

- We will have dine in and take away options for customers.

- Promoter has an engineering background and has more than two years of certified experience in restaurants and hospitality sector and 5 years of experience in facility management.

- We have not yet registered the business. We are looking for an investment partner or lender and depending on the amount raised we will register the brand as sole proprietorship or LLC.

- Have one owner and the company is debt free.

Products & Services Overview

High end bakery products, pastries and beverages.

Assets Overview

We do not have any assets so far and need funds to acquire assets.

Facilities Overview

The space that we have identified is of 200 square meters and the landlord quotes AED 230,000 annual rent.

Capitalization Overview
Not Disclosed
Recent Activity
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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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