Newly Established Restaurant Seeking Loan in Dubai, UAE
Seeking funds for a Dubai-restaurant with plans for a Darjeeling-fast-food business targeting AED 10K/day.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Dubai |
| Local Time | 9:08 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
218 thousand
for
10.0%
annual interest,
5
years
(Native Currency: AED 800,000)
Reason: We need funds to open our Darjeeling indigenous fast-food business, which serves Momos (Darjeeling d...
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Collateral Available: USD 0
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Business Overview
- Business is yet to start operations with a restaurant in Dubai specializing in Asian cuisine.
- The business model includes a home delivery service, tapping into the growing trend of convenience and online ordering in the food industry.
- The company is in negotiations with a potential chef, highlighting a proactive approach to securing key personnel for the operations.
- The projected timeline indicates that operations can commence within 2 months of receiving the necessary funding, with loan repayment scheduled to begin 3 months after the start of operations.
- It is important to note that the company has yet to register in Dubai and obtain the required operational licenses and will complete all the formalities immediately after receiving the funds.
- The promoter, with 11 years of experience in Dubai, has conducted thorough market research and developed a comprehensive business plan to capitalize on the demand for Asian cuisine in the region.
- With the promoter's roots in Darjeeling, the restaurant benefits from authentic recipes and a passionate approach to the project, ensuring a genuine and unique offering in the market.
- The business model includes a home delivery service, tapping into the growing trend of convenience and online ordering in the food industry.
- The company is in negotiations with a potential chef, highlighting a proactive approach to securing key personnel for the operations.
- The projected timeline indicates that operations can commence within 2 months of receiving the necessary funding, with loan repayment scheduled to begin 3 months after the start of operations.
- It is important to note that the company has yet to register in Dubai and obtain the required operational licenses and will complete all the formalities immediately after receiving the funds.
- The promoter, with 11 years of experience in Dubai, has conducted thorough market research and developed a comprehensive business plan to capitalize on the demand for Asian cuisine in the region.
- With the promoter's roots in Darjeeling, the restaurant benefits from authentic recipes and a passionate approach to the project, ensuring a genuine and unique offering in the market.
Products & Services Overview
The restaurant's top-selling dishes will be:- Momos (dumpling), noodles, barbeque and delectable Asian Cuisine.
Assets Overview
The business has yet to start its operations and has no tangible assets at the moment.
Facilities Overview
We will be opening the restaurant in Bur Dubai, Dubai targeting Indian and Nepali customers.
Capitalization Overview
For now, we don't have any, loans or any outstanding debts, and we are 2 partners with equal shares.
Recent Activity
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Earlier than 15 daysPresident, Business Management & Consultants, Uxbridge, 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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