↩ Go Back
Need help?

Restaurant Seeking Loan in Bangalore, India

Restaurant based in Bangalore, receiving 250 daily customers seeking funds to renovate the property.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Bangalore
Local Time 2:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 20.0% annual interest, 15 years (Native Currency: INR 50,000,000)
Reason: For renovating the property and to increase the maximum seating capacity.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 54 thousand
Business Overview

- A restaurant business based in Bangalore.

- We serve veg and non-veg Indian, Chinese, Tandoor, Kashmiri, Arabian, Continental and different pastry items.

- There is a maximum seating capacity of 200 pax.

- Receive an average of 250 daily customers.

- Not available on online delivery platforms, as we are looking to focus primarily on the dine-in segment of our business.

- We are looking to further renovate the restaurant, for which we require funds.

- Physical assets include kitchen equipment and interior setup.

Products & Services Overview

We serve veg and non-veg Indian, Chinese, Tandoor, Kashmiri, Arabian, Continental and different pastry items.

Facilities Overview

Property is rented and has an area of 6,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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

156 Investors viewed 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