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Newly Established Restaurant Seeking Loan in Silver Spring, USA

Upcoming community-focused seafood-restaurant in Silver Springs seeks support to enhance service with expanded catering options.

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  Silver Spring
Local Time 1:20 AM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 7.0% annual interest, 2 years (Native Currency: USD 50,000)
Reason: The funds will be used to finish the construction of the stall and purchase additional kitchen equip... View More
Collateral Available: USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
News mention
Food Menu
NBC News Interview
Business Overview
- Located in Silver Spring, this seafood restaurant is a top culinary attraction with innovative seafood dishes like Shrimp Burgers and Seafood Hot Dogs.
- The restaurant has gained significant media attention, being featured on NBC News for its anticipated menu offerings catering to pescatarian preferences.
- With a seating capacity of 250, the establishment is set to welcome between 100 and 150 customers daily, offering an exclusive dining experience.
- This business proudly supports local heroes by providing meals to first responders, enhancing community relations and goodwill.
- Fully compliant with local laws, the restaurant maintains a valid Article of Organization, ensuring it operates within legal parameters.
- Highly anticipated and hailed as a must-visit spot in Silver Spring, this establishment is poised to redefine seafood dining as the seafood equivalent of Chick-fil-A.
- The restaurant caters to a diverse market by offering a variety of products like the Salmon Burger BLT and Seafood Pizza, appealing to both seafood lovers and health-conscious diners.
- The business is expected to start operations in May this year.
Products & Services Overview
The business specializes in shrimp burgers, salmon burger BLT, seafood hot dogs, salmon tenders, and seafood food pizza.
Assets Overview
The company does not own any tangible assets at the moment.
Facilities Overview
The business is located in a well-known food hall in Silver Spring.
The outlet has been leased.
Capitalization Overview
At the moment, the business is self-funded with 0 debt. There are 2 owners with one owning 97% and the other owning 3%
Recent Activity
  • 1 day, 14 hours ago
    Owner, Plymouth, Financial Consultant connected with the Business
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Contact Business
1 Investor contacted this Business this week. 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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