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Newly Established Restaurant Seeking Loan in Coimbatore, India

Business serving quality veg and non-veg affordable for all people is seeking investment.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 45 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Coimbatore
Local Time 7:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 25 thousand for 10.0% annual interest, 10 years (Native Currency: INR 2,000,000)
Reason: This investment is required to procure suitable equipment, developing the interiors and marketing in... View More
Collateral Available: USD 25 thousand
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Business Name
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Business Overview

- We are a one year old small restaurant based out of Coimbatore.

- Our main aim is to provide pocket friendly and quality food (both veg and non-veg) to all our customers.

- Even with a minimum amount in hand a person should be able to fill their tummy.

- Considerable growth of the employees as the business grows.

- We had supplied food to Covid patients at subsidized rates in hand with an NGO during the pandemic.

- We have also tied up with Swiggy and Zomato and have good sales.

- The promoter is an engineering graduate who started the business with passion a year ago.

Products & Services Overview

We serve both veg and non-veg food in the following cuisine, south Indian and Indian-Chinese.

Facilities Overview

It is a rental space of 1,500 sq. feet.

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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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