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Fast Food Restaurant Seeking Loan in Bangalore, India

Planning on setting up a food hub with 5 different brands under one roof.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Fast Food Restaurants
Locations  Bangalore
Local Time 7:43 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 24.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: Have completed almost 75% of the interior works. Require funds to complete the outlet and start oper... View More
Collateral Available: USD 30 thousand
Includes physical assets worth USD 60 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We are looking to set up a food outlet offering 5 different brands under one roof.

- Business is not yet registered. We would be looking to register the business immediately once the ongoing outlet work has been completed.

- Out of the 5 brands, we plan to set up 4 of our own confectioneries, paan, cafe and hookah brands.

- We also plan to set up an ice cream shop under the Baskin Robbins brand name within the outlet. We plan to set up a contract with them once the outlet is complete.

- Almost 75% of the interior work has already been completed till date.

- We can finish the entire outlet within 1 month maximum post receiving the investment.

- Promoter has over 14 years of experience and has owned and operated multiple Baskin Robbins outlets previously.

- Company's physical assets include interior, furniture and equipment.

Products & Services Overview

Confectioneries & shawarma, cafe, ice cream, hookah and paan.

Facilities Overview

Have acquired a 2,400 Sq Ft rental property spread across 2 floors located in the heart of the city.

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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