Restaurant Seeking Loan in Coimbatore, India
Restaurant with a hall for functions and parties that also does outdoor catering.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 234 thousand |
| Run Rate Sales | USD 280 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants |
| Locations | Coimbatore |
| Local Time | 1:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
234 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 20,000,000)
Reason: To pay back the existing bank loan.
Collateral Available: USD 580 thousand
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are a restaurant with a hall that we use for function and parties. Also provide outdoor catering services.
- Serve South Indian cuisine, shakes & ice creams and fast food.
- Located in a prime area surrounded by banks, offices, shopping centers, hospitals, schools and residential colonies.
- Restaurant has a seating capacity of 60 pax and the hall can accommodate up to 600 guests at a time.
- On a monthly basis around INR 4 lakh comes from catering and hall services and INR 16 Lakh comes from restaurant sales.
- Business is listed on Swiggy but most of the orders are through the restaurant.
- Company's physical assets include all the interior decor, kitchen equipment and furniture setup.
- There is space for a lift in case of future development of the restaurant.
- Serve South Indian cuisine, shakes & ice creams and fast food.
- Located in a prime area surrounded by banks, offices, shopping centers, hospitals, schools and residential colonies.
- Restaurant has a seating capacity of 60 pax and the hall can accommodate up to 600 guests at a time.
- On a monthly basis around INR 4 lakh comes from catering and hall services and INR 16 Lakh comes from restaurant sales.
- Business is listed on Swiggy but most of the orders are through the restaurant.
- Company's physical assets include all the interior decor, kitchen equipment and furniture setup.
- There is space for a lift in case of future development of the restaurant.
Products & Services Overview
South Indian cuisine, shakes & ice creams and fast food. Outdoor catering services.
Facilities Overview
Leased area of 2,555 Sq Ft with built up area of 8,000 Sq Ft spread across 4 floors and a basement kitchen.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsultant, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Coimbatore, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Education, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Fine Dine Restaurant Seeking Loan in Coimbatore, India
·Casual Restaurant Seeking Loan in Coimbatore, India
·Lend to Fine Dine Restaurant in Coimbatore, India
·Lend to Casual Restaurant in Coimbatore, India
·Restaurant Seeking Loan in Coimbatore, India
·Lend to Restaurant in Coimbatore, India
·Fine Dine Restaurant Seeking Loan
·Casual Restaurant Seeking Loan
·Lend to Fine Dine Restaurant
·Lend to Casual Restaurant
·Restaurant Seeking Loan
·Lend to Restaurant
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