Restaurant Seeking Loan in Dubai, UAE
Restaurant that offers authentic & fresh Mumbai street fast food with two branches seeks loan.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 186 thousand |
| Run Rate Sales | USD 186 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants |
| Locations | Dubai |
| Local Time | 2:05 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
27 thousand
for
10.0%
annual interest,
4
years
(Native Currency: AED 100,000)
Reason: Additional funds apart from the profit reinvested in the business are required for managing operatio...
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Collateral Available: USD 27 thousand
Includes physical assets worth
USD
27 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Our restaurant has two branches with a combined seating capacity of 30+ people.
- We have tie-ups with supermarkets for daily snacks supply, catering supplies, bulk order supplies to corporates, and individual parties.
- Business receives 60-70 orders daily from dining, takeaways, and online platforms.
- 45-60 are from online platforms and 20-30 are from dine-in and takeaways.
- Currently, we are reinvesting the profit from the first branch to the new branch and require funds for the VISA requirements of our employees.
- We have tie-ups with supermarkets for daily snacks supply, catering supplies, bulk order supplies to corporates, and individual parties.
- Business receives 60-70 orders daily from dining, takeaways, and online platforms.
- 45-60 are from online platforms and 20-30 are from dine-in and takeaways.
- Currently, we are reinvesting the profit from the first branch to the new branch and require funds for the VISA requirements of our employees.
Products & Services Overview
Mumbai street food - vada pav, pav bhaji, sandwiches, pizza, pasta, fritters, hot & cold food, cold drinks, and juices.
Assets Overview
Physical assets include equipment, vehicles, furniture, laptop, cash & bank balance.Intangible assets include goodwill.
Facilities Overview
400 sqft facility, ground floor, yearly rental, located at the central location of old Dubai.
Capitalization Overview
Funded by bootstrapping, loans from banks, and friends. The business took quick loans from banks that have been repaid already. The company has two partners with a 60% and 40% stake in the business.
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysInspection Engineer, Oil And Energy, Dammam, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Invoice Discounting, Dubai, Corporate Investor / Buyer connected with the Business
Tags:
Fine Dine Restaurant Seeking Loan in Dubai, United Arab Emirates
·Casual Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Fine Dine Restaurant in Dubai, United Arab Emirates
·Lend to Casual Restaurant in Dubai, United Arab Emirates
·Restaurant Seeking Loan in Dubai, United Arab Emirates
·Lend to Restaurant in Dubai, United Arab Emirates
·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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