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Newly Established Catering Business Seeking Loan in Bangalore, India

Catering-cloud kitchen business with FSSAI license seeks funds to launch in Bangalore.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Catering + 1 more
Locations  Bangalore
Local Time 4:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.9 thousand for 10.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: Require funds to launch operations. - Given the experience, connections of the owner and the locatio... View More
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Plan to launch a catering and cloud kitchen business, targeting both companies and individuals in Bangalore.
- We will offer a diverse menu including both vegetarian and non-vegetarian options.
- We have plans for tie-ups with Swiggy and Zomato to facilitate online delivery.
- Our promoter brings 4 years of industry experience to the venture.
- We will ensure compliance with FSSAI licensing requirements.
- Our cuisine focus will be on Indian, with an emphasis on North Indian dishes.
- We will begin to pay interest 2 months after starting operations.
Products & Services Overview
Cloud kitchen and catering business.
Target audience will be individuals and companies.
Assets Overview
No significant assets. We plan to buy the materials with the external funds.
Facilities Overview
Identified a location in Bangalore East.
Sq ft area 200.
Rent per month is INR 40k.
Capitalization Overview
Sole owner.
Self funded.
No loans or debts.
Recent Activity
  • Earlier than 15 days
    Director, Bangalore, Financial Consultant connected with the Business
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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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