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Restaurant Seeking Loan in Chennai, India

Pure veg South Indian restaurant receiving 350 customers during weekdays and 500 customers during weekends.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Chennai
Local Time 6:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 7 years (Native Currency: INR 5,000,000)
Reason: To renovate the restaurant interiors and for advertising.
Collateral Available: USD 24 thousand
Includes physical assets worth USD 36 thousand
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Business Name
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Business Overview

- A restaurant business in Nanganallur, Chennai that has been operating since 2016.

- We serve pure veg South Indian cuisine.

- There is a maximum seating capacity for 44 individuals.

- We receive an average of 350 customers per day during the weekdays and it increases to 500 customers during the weekends.

- Our restaurant is listed on Swiggy and receive an average of 60 orders per day.

- There are 12 staff members working at the restaurant including chefs and waiters.

Products & Services Overview

Restaurants serving pure veg South Indian cuisine.

Facilities Overview

Restaurant is rented and has an area of 1,800 Sq. Ft.

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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