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Newly Established Food Truck Seeking Loan in Gurugram, India

Coffee and croissant cart business offering specialty beverages and baked goods in Gurgaon.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Food Trucks
Locations  Gurugram
Local Time 9:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 21 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: To start a coffee and croissant business in Gurgaon and purchase carts, coffee machines, cart equipm... View More
Collateral Available: USD 0
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Business Name
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Business Overview
Pre-revenue start-up launching a new coffee and croissant cart concept in Gurugram. Revenue will come from retail sales of beverages and baked items via mobile carts.

The business will open 2 carts in a high foot traffic area in Gurugram, as an initial step and in New Delhi as step 2 of the plan, with an expected average walk-ins of 50 customers with an average sales of 150 per customer.

Currently, there are no licences or certificates available with the business.
Products & Services Overview
The business plans to sell freshly brewed coffee and a variety of croissants from mobile carts to daily commuters and nearby office crowds.
Assets Overview
There are no tangible an intangible assets in the business, as this is a start-up idea.
Facilities Overview
The business will be conducted from a small cart to cater to the high foot traffic near IT parks, parks and shopping complex.
Capitalization Overview
There is only one shareholder for this business, with no outstanding loans on 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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