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Newly Established Restaurant Seeking Loan in Sharjah, UAE

Seeking investment to start a Sudanese restaurant business in Sharjah, targeting the growing Sudanese population.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Sharjah
Local Time 10:33 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 68 thousand for 10.0% annual interest, 5 years (Native Currency: AED 250,000)
Reason: Seeking investment to start a Sudanese restaurant business in Sharjah.
Collateral Available: USD 0
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Restaurant start-up that serves Sudanese cuisine and breads, to be located in the heart of Sharjah, UAE, seeking a partner to enter into a win/win partnership.
- The business expects a 60% profit within the first year and aims to expand across the UAE within 3 years.
- With the increasing Sudanese population due to war, the business expects significant growth within a few months.
- The business plans to target Arab customers as well in addition to the Sudanese.
- The restaurant is expected to have up to 20 tables to accommodate customers.
Products & Services Overview
Serves Sudanese cuisine and bread.
Target customer base is Sudanese as well as the Arab.
Orders will be mainly through walk-ins.
Assets Overview
Physical assets include the furniture and kitchen equipment that has been procured for setting up in this restaurant.
Facilities Overview
Need one ground floor of ~ 200 sqm, with outside area to server client in/out and should include kitchen, bakery and 2 paths rooms and family private sector and should include ease parking location.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
Sole proprietorship business.
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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