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Newly Established Restaurant Seeking Loan in Ahmedabad, India

Established restaurant in Ahmedabad seeking funds to open a new outlet, loved amongst the locals.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 270 thousand
EBITDA Margin 15 %
Industries Restaurants
Locations  Ahmedabad
Local Time 9:09 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 113 thousand for 10.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: The promoter is looking to establish a new branch of the hotel.
Collateral Available: USD 0
Includes physical assets worth USD 6.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trademark
Business Overview
- Newly established restaurant.
- Specializes in Gujarati fast food.
- Serves only vegetarian options.
- The restaurant has a seating capacity of 30 and receives over 100 walk-ins.
- Only the trademark has been registered; the final GST and FSSAI are yet to be registered.
- The last year's annual revenue is missing because we started our operations this year.
Products & Services Overview
The business specializes in Gujarati fast food and has a strong hold among the locals.
Assets Overview
Tangible assets include a basic restaurant setup valued at INR 6 lakh, while intangible assets consist of a trademark registration.
Facilities Overview
The restaurant operates from a rented facility in Ahmedabad.
Capitalization Overview
The business is owned by a sole owner.
There are no debts in 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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