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Restaurant Seeking Loan in Bangalore, India

Newly opened multi cuisine restaurant located near a Tech Park in Bangalore receiving 100 daily customers.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 82 thousand
EBITDA Margin Nil
Industries Restaurants
Locations  Bengaluru
Local Time 10:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.3 thousand for 16.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Expansion of the business.
Collateral Available: USD 0
Includes physical assets worth USD 68 thousand
Interested to connect with advisors
Business Overview
- Newly established multi cuisine restaurant serving both Veg and Non - Veg items.
- This restaurant is located just 100 meters away from a Tech park.
- Restaurant can accommodate 78 people.
- We receive around 100 customers on a daily basis.
- Average billing amount made by a customer is INR 300.
- We have our own delivery team and we re also listed on Zomato.
Products & Services Overview
Serving Indian, Mughlai, Chinese cuisine.
Facilities Overview
3,000 Sq Ft area on lease for 10 years. 3 floors, total 2,700 built up area and nearly 2,000 Sq Ft open space rooftop.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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