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Newly Established Restaurant Seeking Loan in Hyderabad, India

Yet-to-be-established restaurant and catering business with a land agreement in place.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Hyderabad
Local Time 4:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 44 thousand for 10.0% annual interest, 8 years (Native Currency: INR 3,900,000)
Reason: 1st: Urgent Requirement: Anybody there to lend 15 lakhs/- for interest + profit share % (OR) 2nd: ... View More
Collateral Available: USD 62 thousand
Interested to connect with advisors
Documents
Business Overview
- We aim to be a business that will have three verticals.
• Tiffin's, street food live counters, dine-in restaurant with online ordering and other conventional services for retail customers.
• Catering division for all types of events.
• Tiffin services/catering for government and corporate offices.
- Essentially, we will cater to both B2B and B2C clients.
- We have signed the lease agreement for the kitchen and restaurant space, and are pursuing a bank loan as well.
- We project a monthly revenue of INR 15 Lakhs (in initial stage) at an operating profit margin of 40% - 50% after operations commence.
- Since it is currently non operational, there are no revenue figures given in this listing.
Products & Services Overview
We will offer the following:
1) Dine-in, online delivery, and a quick service restaurant (serving varieties of South Indian & North Indian - tiffin's, main course; Indian street food, chaat items, tea & coffee)
2) Catering services for school, colleges, corporate & exhibitions events, parties & occasions and,
3) Breakfast/Tiffin's, Lunch & dinner for corporate & government offices under contract.
Assets Overview
No assets are owned by the business as of now.
We will invest INR 75-80 lakhs to acquire whole building structure, kitchen equipment's, utensils, cookware, serve ware, GI containers, electronics, business software, furniture, restaurant interiors, landscaping, staff uniforms, and civil works.
Facilities Overview
The business will be set up on 258 sq. yards of land.
Area: Mayuri Nagar, Miyapur Area in Hyderabad city.
The lease period is for 7 years from February this year and later it can be extended as well. (The lease agreement has been signed)
Complete business address, lease agreement, and other details will be shared privately.
Capitalization Overview
The overall project cost is going up to 75-80 Lakhs.
There is no outstanding loan/debt.
No other shareholders. It's being led by only one individual. No entity has been registered for this business yet.
Recent Activity
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5 Investors already contacted this Business. 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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