Newly Established Restaurant Seeking Loan in Dubai, UAE
Business seeking funds to start an Asian fusion cuisine restaurant in DIFC, Dubai.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Dubai |
| Local Time | 7:54 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.36 million
for
10.0%
annual interest,
5
years
(Native Currency: AED 5,000,000)
Reason: To move to the restaurant and start operations.
Collateral Available: USD 0
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Business Name
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User Verification
Documents
Pitch Deck
(671.5 KB)
Business Plan
(1.2 MB)
Business Overview
- Intend to set up a casual dining restaurant serving Asian fusion cuisine.
- Business is in the process of acquiring the trade license.
- The restaurant will be located in DIFC, Dubai.
- We've already done market research and interior design has been completed so that we can move to the restaurant.
- We have negotiated with the landlord for the location for a great deal of grace period and price.
- Restaurant will have an area of 5,748 Sq. Ft. plus terrace. There will be a seating capacity of 180 pax plus 10 bar stools and 15 tables capacity on the terrace.
- One of the partners has extensive experience in the food and beverage industry while other partner has extensive experience in marketing.
- The photos attached are what the interior setup of the restaurant looks like.
- Business is in the process of acquiring the trade license.
- The restaurant will be located in DIFC, Dubai.
- We've already done market research and interior design has been completed so that we can move to the restaurant.
- We have negotiated with the landlord for the location for a great deal of grace period and price.
- Restaurant will have an area of 5,748 Sq. Ft. plus terrace. There will be a seating capacity of 180 pax plus 10 bar stools and 15 tables capacity on the terrace.
- One of the partners has extensive experience in the food and beverage industry while other partner has extensive experience in marketing.
- The photos attached are what the interior setup of the restaurant looks like.
Products & Services Overview
Grill steaks, sushi, pasta, serving with alcohol as well while a live band will be serenading guests.
Facilities Overview
It will be located in Burj Daman, DIFC with 5,748 Sq. Ft. plus 1,614 Sq. Ft. terrace.Annual rent will be AED 1.1 Million (5% escalation every year) and we have received a 6 months' grace period.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Testing And Certification, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOperations Director, Telecommunications, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & Executive Chairman, Education,Technology, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fine Dine Restaurant Seeking Loan in Dubai, United Arab Emirates
·Newly Established Casual Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Newly Established Fine Dine Restaurant in Dubai, United Arab Emirates
·Lend to Newly Established Casual Restaurant in Dubai, United Arab Emirates
·Newly Established Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Newly Established Restaurant in Dubai, United Arab Emirates
·Newly Established Fine Dine Restaurant Seeking Loan
·Newly Established Casual Restaurant Seeking Loan
·Lend to Newly Established Fine Dine Restaurant
·Lend to Newly Established Casual Restaurant
·Newly Established Restaurant Seeking Loan
·Lend to Newly Established Restaurant
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