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Newly Established Movie Theater Seeking Loan in Barapada, India

Business loan needed to start a cinema hall in Barapada, Orissa.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Movie Theaters
Locations  Barapada
Local Time 6:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 23 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: We require this funding to start our own cinema hall.
Collateral Available: USD 0
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- The business will be a cinema hall based out of Barapada, Odisha.
- Location: the business will be strategically located in Barapada, Orissa, offering a potentially untapped market for movie theater services in the region.
- Business model: the business will operate as a cinema hall, offering a diverse range of movies to cater to the entertainment needs of the local community.
- Operational timeline: The business is projected to commence operations within 6 months from the start of the project, with an expected loan repayment period of 3 months after the commencement of operations.
- Ownership and management: the business is a sole proprietorship, led by a young and passionate promoter who is dedicated to the success of the project.
- Growth potential: with the potential acquisition and renovation of a small theatre, there is an opportunity for expansion and growth within the local entertainment industry.
- Regulatory compliance: the business will seek the necessary licenses and approvals in compliance with local regulations prior to the commencement of operations.
Products & Services Overview
We will be in a cinema hall playing all kinds of movies.
Assets Overview
No tangible assets as the business is yet to start.
Facilities Overview
We are looking at a theatre in Barapada, Odisha to acquire and renovate.
Capitalization Overview
The business does not have any loans and is a sole proprietorship.
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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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