Need help?

Restaurant Seeking Loan in Chennai, India

Restaurant serving multi cuisine dishes, located in a prime area with daily sales of Rs 27,000.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 11 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 15 %
Industries Restaurants
Locations  Chennai
Local Time 5:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 10.0% annual interest, 6 years (Native Currency: INR 10,000,000)
Reason: Expansion.
Collateral Available: USD 130 thousand
Includes physical assets worth USD 5.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- It is a casual dining restaurant serving multi cuisine dishes.

- Having a seating capacity of 100 pax.

- Located in a prime area: near airport and metro station.

- Daily sales is around Rs 27,000.

- Have a takeaway counter and provides home delivery services.

- Has its own delivery services within the 4 Km radius.

- Also accepts corporate and party bookings.

- Owner has 20 years of experience in food industry.

Products & Services Overview

- Restaurant serving multi cuisine and accepts corporate catering etc.

Facilities Overview

Rental of 4,500 Sq Ft.

Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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
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