Newly Established Cloud Kitchen Seeking Loan in Bangalore, India

Bangalore based cloud kitchen selling vegetarian & non-vegetarian urban / western fusion food.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 16 thousand
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
1:23 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 400 thousand for 12.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: INR 2 crores will be used to set up 10 new outlets across Hyderabad (6) and Bangalore (4). The remai... View More
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Cloud kitchen providing a comprehensive range of international urban fusion food.

- Primarily sell grilled food including wraps, skewers and kebabs.

- Receive orders through Swiggy and have recently listed on Zomato.

- Currently, receive around 10 orders each day.

- The Average Order Value (AOV) is INR 300.

- Strong gross margins of 50% but yet to breakeven operationally as a significant portion of our revenue is spent on fixed expenses including rent and salaries.

- As the revenue increase, the business is expected to reach profitability.

- Business has just started and is yet to break even operationally.

Products & Services Overview

Barbecues, Wraps, Kebabs, Grills, Salads, Skewers, Beverages, Nachos, Italica Fries etc.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Director, Bangalore, Financial Consultant connected with this business
  • Earlier than 15 days
    Sr. Consultant, Bangalore, Financial Advisor connected with this 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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