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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 transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 700 thousand
EBITDA Margin 30 %
Industries Restaurants and Bars
Locations  Bucharest
Local Time 2:39 PM Europe / Bucharest
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 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 240 thousand
Interested to connect with advisors
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

Own 600 sq mt facility with the pub on the ground floor and restaurant on the 1st floor.

Recent Activity
  • Earlier than 15 days
    Director, Diversified, Lucknow, Individual Investor / Buyer connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
  • Earlier than 15 days
    Managing Partner, Budapest, M&A Advisor connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
  • Earlier than 15 days
    Managing Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
    Earlier than 15 days
    Business sent a proposal to the Investor / Buyer
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This transaction has concluded. View similar business opportunities on SMERGERS
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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