Restaurant and Bar Seeking Loan in Chennai, India

Chennai-based concept resto bar which is yet to start is seeking a business loan.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Locations
Local Time
6:28 PM Chennai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 280 thousand for 14.0% annual interest, 5.0 years (Native Currency: INR 20,000,000)
Reason: To start up a new business since we have business potentiality.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- This resto bar is going to come up in Wallace Garden, Nungambakkam.

- Owner has experience in venture capital and the team has 3 years of experience in hospitality sector.

- 25 planned employees.

- Planned seating capacity will be roughly 100.

- The area has already been identified. It is a 6,000 sq. ft space.

Products & Services Overview

We are new and we have a good team.

Facilities Overview
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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