Newly Established Restaurant Seeking Loan in Mississauga, Canada
Pre-revenue business seeking a loan to launch a pure vegetarian south Indian restaurant in Mississauga.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Mississauga |
| Local Time | 12:12 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
44 thousand
for
6.0%
annual interest,
5
years
(Native Currency: CAD 60,000)
Reason: - Seeking a loan to acquire the necessary facility, start the restaurant, and begin generating reven...
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Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business is in the pre-revenue phase and plans to start a South Indian restaurant.
- The promoter operated a restaurant two years ago but had to close it due to time constraints, and now plans to launch a new business.
- The promoter intends to operate a dine-in restaurant with seating and a strong focus on catering services.
- The business will be registered as required once funding is secured.
- The promoter operated a restaurant two years ago but had to close it due to time constraints, and now plans to launch a new business.
- The promoter intends to operate a dine-in restaurant with seating and a strong focus on catering services.
- The business will be registered as required once funding is secured.
Products & Services Overview
The top-selling items will include idly, podi idly, ghee idly, plain dosa, masala dosa, and sambar vada, appealing to people who enjoy South Indian cuisine.
Assets Overview
Intangible assets:- Business plan.
- Promoter's experience.
Facilities Overview
The business does not currently have a dedicated facility and plans to acquire one in Mississauga.
Capitalization Overview
The business is funded by a single promoter and does not have any loans.
Recent Activity
-
5 days, 12 hours agoFinance Director, Solar Energy, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fine Dine Restaurant Seeking Loan in Mississauga, Canada
·Newly Established Casual Restaurant Seeking Loan in Mississauga, Canada
·Lend to Newly Established Fine Dine Restaurant in Mississauga, Canada
·Lend to Newly Established Casual Restaurant in Mississauga, Canada
·Newly Established Restaurant Seeking Loan in Mississauga, Canada
·Lend to Newly Established Restaurant in Mississauga, Canada
·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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