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Newly Established Restaurant Seeking Loan in Dubai, United Arab Emirates

Business seeking funds to start an Asian fusion cuisine restaurant in DIFC, Dubai.
This Business is on a 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 7:36 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.4 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
Interested to connect with advisors
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Business Name
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Documents
Pitch Deck
Business Plan
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.

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
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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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