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Restaurant Seeking Loan in Bangalore, India

Restaurant located in BTM layout, Bangalore seeks funding to establish a new outlet in Koramangala.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Bangalore
Local Time 6:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 10.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: To open one more outlet in Koramangala.
Collateral Available: USD 0
Includes physical assets worth USD 24 thousand
Business Overview

- Restaurant is located in BTM layout, Bangalore which is facing the main road.

- We serve veg & non-veg Pan-Asian cuisine.

- Seating capacity of the outlet is of 24 pax.

- Walk-ins will be around 18-20 per day on an average.

- Looking for funds to open one more outlet in a well known hub Koramangala, Bangalore having around 25 seats capacity.

- We have registered on Foodpanda & Zomato for online food delivery.

- Business has 5 / 5 ratings on Google review with 118 reviews.

Products & Services Overview

Pan-Asian cuisine.

Facilities Overview

Total area size of the outlet is 400 sqft and it is on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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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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