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Fast Food Restaurant Seeking Loan in Kochi, India

Fast food restaurant on Lisie Hospital Road seeks funding to increase seating capacity to 100 seats.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 160 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 25 %
Industries Fast Food Restaurants
Locations  Kochi
Local Time 10:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 90 thousand for 15.0% annual interest, 3 years (Native Currency: INR 7,500,000)
Reason: Planning to add more seats to our existing capacity.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 24 thousand
Business Overview

- Restaurant was started in 2017 and is located on Lisie Hospital Road, Kaloor which is close to the railway station.

- Initially our restaurant had 12 seats with sales of INR 5,000 a day.

- Recently we expanded it to 50 seats and are clocking almost INR 50,000 worth sales each day.

- On an average 450 customers visit our restaurant on a daily basis.

- We now further plan to expand to 100 seats and aim to achieve Rs. 1,00,000 worth sales a day. Hence, looking for funds.

Products & Services Overview

Hot beverages, Cold beverages, Sandwiches, Burgers & Desserts.

Facilities Overview

Rented 3,000 Sq Ft.

Rent Price: INR 85,000.

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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