Newly Established Food Cart Seeking Loan in Vadodara, India
Food truck business in Gujarat seeks funds to launch operations.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Carts |
| Locations | Vadodara |
| Local Time | 8:56 AM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
120 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: To launch operations.
Collateral Available: USD 6 thousand
Includes physical assets worth
USD
66 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(65.8 KB)
Business Overview
- Planning to open multiple food carts and trucks across Gujarat.
- Already procured a truck to begin operations.
- Estimated revenue per month from one truck is approximately INR 1 lakh which will allow us to finance the loan interest payments easily (especially given the fact that we have 1 truck all set to launch)
- Promoters have 15 years of experience in the food industry.
- Obtained necessary licenses: GST, FSSAI, and company incorporation.
- Cuisine will feature signature dishes from all states of India, curated to local tastes with a unique touch.
- Plan to launch after securing funding.
- Company owner travels between Kuwait and India for business reasons.
- Scaling options include renting and buying additional trucks.
- Future plans to expand operations to Bangalore.
- Already procured a truck to begin operations.
- Estimated revenue per month from one truck is approximately INR 1 lakh which will allow us to finance the loan interest payments easily (especially given the fact that we have 1 truck all set to launch)
- Promoters have 15 years of experience in the food industry.
- Obtained necessary licenses: GST, FSSAI, and company incorporation.
- Cuisine will feature signature dishes from all states of India, curated to local tastes with a unique touch.
- Plan to launch after securing funding.
- Company owner travels between Kuwait and India for business reasons.
- Scaling options include renting and buying additional trucks.
- Future plans to expand operations to Bangalore.
Products & Services Overview
Food truck/cart business across Gujarat serving diverse Indian cuisine.
Assets Overview
Assets include:Warehouse sq ft area 1,200, equipment, 1 food cart/truck and furniture.
Facilities Overview
We have a warehouse and office facility measuring about 1,200 sq ft in Vadodara, Gujarat.The property belongs to the company.
Capitalization Overview
Shareholders are 3.60-30-10 split among.
No loans or debts.
Recent Activity
-
Earlier than 15 daysPartner, Automobile & Hospitality, Vadodara, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Food Truck Seeking Loan in Vadodara, India
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·Newly Established Food Truck Seeking Loan in Baroda
·Newly Established Food Cart Seeking Loan in Baroda
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·Lend to Newly Established Food Cart in Baroda
·Newly Established Food Truck Seeking Loan
·Newly Established Food Cart Seeking Loan
·Lend to Newly Established Food Truck
·Lend to Newly Established Food Cart
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