Restaurant Seeking Loan in Dharavandhoo, Maldives
Maldives-based dining restaurant with a seating capacity of 35, situated in a popular tourist spot.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 89 thousand |
| Run Rate Sales | USD 215 thousand |
| EBITDA Margin | 40 % |
| Industries | Restaurants |
| Locations | Dharavandhoo |
| Local Time | 6:13 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
10 thousand
for
12.0%
annual interest,
2
years
(Native Currency: MVR 154,200)
Reason: - Construction of an additional restaurant space with 100 seating capacity on the first floor of the...
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Collateral Available: USD 0
Includes physical assets worth
USD
30 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business License
(453.7 KB)
Registration Certificate
(227.2 KB)
Business Overview
- Dining restaurant near the popular island of Dharavandhoo caters to tourists, offering western cuisine. It has a seating capacity of 35.
- Receiving a daily average of 10 to 12 walk-in customers, with Europeans being the regular clientele.
- Restaurant witnessed a large volume of walk-ins from December to April leading to increased sales.
- Holds business registration certificate and food license.
- The business is run by 3 employees currently, but actively looking to hire more soon after the construction of the additional restaurant space.
- Receiving a daily average of 10 to 12 walk-in customers, with Europeans being the regular clientele.
- Restaurant witnessed a large volume of walk-ins from December to April leading to increased sales.
- Holds business registration certificate and food license.
- The business is run by 3 employees currently, but actively looking to hire more soon after the construction of the additional restaurant space.
Products & Services Overview
- Western Cuisine - Pastas, Pizza and Burgers.- Fresh juice, mojitos and milkshakes.
- Tourists are their targeted customers.
Assets Overview
Physical assets include restaurant furniture, tables, chairs, fans and kitchen equipment.
Facilities Overview
- The facility operates in a 1300 sq ft space near Dharavandhoo Island in the Maldives.- It is a leased property with a 15-year agreement.
Capitalization Overview
- The business is self-funded and equally owned by two shareholders, each holding a 50% stake.- Promoter has invested around MVR 2,405,520 to run the business.
- There are no outstanding loans.
Recent Activity
-
Earlier than 15 daysDirector, IT And Food, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fine Dine Restaurant Seeking Loan in Dharavandhoo, Maldives
·Newly Established Casual Restaurant Seeking Loan in Dharavandhoo, Maldives
·Lend to Newly Established Fine Dine Restaurant in Dharavandhoo, Maldives
·Lend to Newly Established Casual Restaurant in Dharavandhoo, Maldives
·Newly Established Restaurant Seeking Loan in Dharavandhoo, Maldives
·Lend to Newly Established Restaurant in Dharavandhoo, Maldives
·Newly Established Fine Dine Restaurant Seeking Loan
·Newly Established Casual Restaurant Seeking Loan
·Lend to Newly Established Fine Dine Restaurant
·Lend to Newly Established Casual Restaurant
·Newly Established Restaurant Seeking Loan
·Lend to Newly Established Restaurant
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