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Newly Established Restaurant Seeking Loan in Verbania, Italy

Looking for investors to finance new restaurant located on a prime location, front lake.

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  Verbania
Local Time 2:08 AM Europe / Rome
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.12 million for 5.0% annual interest, 7 years (Native Currency: EUR 1,000,000)
Reason: Not having enough found.
Collateral Available: USD 0
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- The business will be developed by an awarded chef.
- Speakeasy cocktail bar (in the basement), a restaurant on the mezzanine floor of 75 seats, and at the rooftop 4 rooms with a lake view, and the property has direct access to the lake beach.
- Looking for a private investor to set up a business in a prime location on a lake area just 30km from the Swiss border and 45km from the international airport.
- The promoter is a chef who has 25 years of experience in this industry.
Products & Services Overview
Wine cocktail bar, restaurant, rooms, entertainment, beach.
Assets Overview
Tangible assets include building of 250 sqm area.
Facilities Overview
Own area located in the north of the city on a potential 400 sqm of area.
Capitalization Overview
- Building under a loan investment of EUR 240,000 for another 16 years.
- Looking for capital to fix the property and open the business.
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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.
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