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Profitable Fast Food Restaurant Seeking Loan in Pottstown, United States

Quick service take-out food restaurant specializing in philly cheesesteaks seeking investment for working capital.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 20 - 30 %
Industries Fast Food Restaurants
Locations  Pottstown
Local Time 4:16 PM America / New York
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 50 thousand for 7.5% annual interest, 5 years (Native Currency: USD 50,000)
Reason: Food orders with food truck season is approaching for which we will need funds to increase our inven... View More
Collateral Available: USD 25 thousand
Includes physical assets worth USD 25 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Sales Tax
EIN Certificate
Business Overview
- We receive 50-75 orders per day on an average.
- Managed to sell over 18,000 cheesesteaks sold in 11 months from the time we started.
- Nominated by restaurant gurus for best cheesesteaks in Pottstown.
- We also undertake online orders and deliver overnight to anywhere in the United States.
- We have an online presence and average on monthly over 20,000 search results on Google.
- We have tie-ups with local vendors who supply us with the raw materials.
Products & Services Overview
Philly cheesesteaks (beef or chicken)
Fries.
Wings.
Cheesesteak.
Eggrolls.
Drinks.
Assets Overview
Physical assets including kitchen equipment in both the store and mobile unit.
Facilities Overview
Rented property of 850 square ft over 1 floor and we recently added a mobile food trailer to attend events.
Capitalization Overview
Our business was self-funded up until recently when we needed to take out a merchant cash advance with debt totaling USD 33,000.
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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