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Restaurant Seeking Loan in Bangalore, India

Restaurant that serves homestyle cooked food to guests from all phases of life seeks funds.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Bangalore
Local Time 10:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 20.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: Renovation of the facility and expansion of the business through marketing.
Collateral Available: USD 70 thousand
Includes physical assets worth USD 36 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Multicuisine outdoor seating restaurant in one of the prominent locations of Bangalore filled with PGs, IT companies, and apartments.

- Restaurant is ideal to visit with pets, kids, family, date, corporate team, or friends.

- Facility has 104 seats and can accommodate up to 50 guests at the party area.

- Business is registered on Swiggy and Zomato for online bookings and delivery.

- We receive bookings for functions, parties, and birthdays.

Products & Services Overview

- Restaurant for casual dining, corporate lunch buffet, packed lunches, outdoor catering, parties.

- We serve Continental, North Indian, Italian food along with beverages, shakes, desserts.

Assets Overview

Assets include all the furniture (chairs, tables, racks, sofa), interiors and lightings, crockery and cutlery, kitchen equipment, stove, exhaust system, freezer.

Facilities Overview

104 cover restaurant spread across 6,000 sq ft of area with 3 floors of seating. Business runs on a rented property.

Capitalization Overview
Not Disclosed
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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