Newly Established Restaurant and Bar Seeking Loan in Bucharest, Romania

Company looking for funds to acquire a well-established pub & restaurant in downtown Bucharest.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 700 thousand
EBITDA Margin
30 %
Locations
Local Time
12:59 PM Romania
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 340 thousand for 20.0% annual interest, 5 years (Native Currency: EUR 300,000)
Reason: Seeking funds to buy and refurbish the pub & restaurant. Funds will also be used for the promotion a... View More
Collateral Available: USD 0
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We intend to buy a well-established pub & restaurant that has been operating for 12+ years in Bucharest.

- Pub is in a commercial area in Bucharest and has motels nearby.

- We plan to renovate & refurbish the pub with a new brand name and marketing policy.

- The pub has an indoor seating capacity for 250 people, and an outdoor terrace with a capacity for 50 people.

- Receives a footfall of around 300 during the weekends.

- We are seeking funds for refurbishing the facility and the expected duration to become operational is 3-4 months post obtaining funds.

- Once refurbished, the restaurant will have a full working kitchen with a complete menu and the bar will provide all drinks and cocktails for parties and events we want to organize.

- The financial numbers on the profile is for the restaurant & pub business, which we intend to take over.

Products & Services Overview

Pub and Restaurant.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more