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Newly Established Restaurant Seeking Loan in Bengaluru, India

Non-veg restaurant with 30-seat capacity and 100 daily walk-ins seeking loan for expansion plans.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 54 thousand
EBITDA Margin Nil
Industries Restaurants
Locations  Bengaluru
Local Time 9:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.3 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: - The loan is required to expand the business by increasing seating capacity, setting up online orde... View More
Collateral Available: USD 0
Includes physical assets worth USD 9 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- The restaurant serves non-vegetarian dishes such as biryani, chicken starters, and fish tawa fry.
- We began operations three months ago and currently do not have revenue data from the previous year.
- Most of our customers come through word of mouth and are from the local area.
- The restaurant has a seating capacity of 30 and receives around 100 walk-ins daily.
- The average order value ranges between INR 100 to INR 200.
- We are registered with GST, FSSAI, and MSME.
Products & Services Overview
Our top-selling items include non-veg dishes like biryani, chicken starters, and fish tawa fry, popular among customers who enjoy flavorful non-veg cuisine.
Assets Overview
- Tangible assets include furniture and fixtures, restaurant equipment, and utensils.
- Intangible assets include our client base and registrations such as GST, FSSAI, and MSME.
Facilities Overview
The restaurant operates in an 800 sq. ft. space with a monthly rent of INR 26,000.
Capitalization Overview
The business is a sole proprietorship with no existing loans.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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