Need help?

Newly Established Restaurant Seeking Loan in Theni Allinagaram, India

Innovative restaurant and café in Theni with 32 seating capacity, seeking funding for business expansion.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 206 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Theni Allinagaram
Local Time 9:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 9.1 thousand for 10.0% annual interest, 5 years (Native Currency: INR 800,000)
Reason: Seeking funding to procure more equipment to be able to take up bulk catering orders. The sought tr... View More
Collateral Available: USD 0
Includes physical assets worth USD 8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
FSSAI License
MSME Registration
Business Overview
- Restaurant located in Theni is a pioneer in introducing this restaurant and café model in the district.
- With a seating capacity of 32, the business has the potential for expansion to outdoor seating, allowing for potential growth and increased customer capacity.
- The sales channels for the business include both offline through dine-ins and online via Zomato.
- The business processes an average of 20-40 orders per day, with an average order value falling within the range of INR 1,000-3,000.
- The business holds licenses from FSSAI and MSME.
Products & Services Overview
Menu includes - biryani, fried chicken, shawarma, pizza, burger & juices.
Top selling items are biryani and shawarma.
Sales channels include both offline through dine-ins and online via Zomato.
Assets Overview
Physical assets include kitchen equipment, furniture, AC and other electrical equipment.
Facilities Overview
Operating from a rented facility of 1,600 sqft, located in Periyakulam, Theni.
Rent is INR 25k per month.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There is 1 owner, holding 100% shares in the business.
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more