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Restaurant Seeking Loan in Dubai, UAE

Fine dining vegetarian restaurant receiving 60 customers daily seeks a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 760 thousand
Run Rate Sales USD 820 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Dubai
Local Time 5:18 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 12.0% annual interest, 1 year (Native Currency: AED 500,000)
Reason: - Need funds to open a new restaurant and for working capital. - The funds required is addition to ... View More
Collateral Available: USD 0
Includes physical assets worth USD 136 thousand
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Business Name
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Business Overview
- We receive around 60 customers daily.
- Average ticket size is AED 100-120.
- The seating capacity of the restaurant is 60 pax.
- The head chef has 12 years of experience.
Products & Services Overview
A vegan and vegetarian multi-cuisine restaurant in a prime location.
Assets Overview
Tangible assets include furniture, fixtures, and kitchen equipment.
Facilities Overview
The restaurant is located in the north of the city on a 2,200 sqft with an annual rent of AED 175,000.
Capitalization Overview
- Business is funded by a loan.
- The company has one owner.
- Business has a loan of AED 200,000.
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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