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Restaurant Seeking Loan in Hyderabad, India

Hyderabad based restaurant business that operates 2 outlets and serves traditional Telugu meals.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 600 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Hyderabad
Local Time 11:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 24.0% annual interest, 5 years (Native Currency: INR 4,000,000)
Reason: For expansion of business and for setting up the 5 take away counters in the metro stations.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
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Business Name
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Documents
FSSAI License
Trade License
Bank Statement
Business Overview

- This is a fine dining restaurant, that also has a take-away counter.

- One of the restaurants has a seating capacity of 74 pax, and the second outlet has that of 104 pax.

- One of the outlets has not been operational during the lock-down and we will be re-starting operations of that outlet very soon.

- Before covid-19 we used to receive 350-400 total daily customers.

- Have a strong customer base of over 10,000 individuals.

- The founder is a graduate in hotel management with more than 26 years of experience in this industry.

- We have recently received approval to set up 5 take-away food stalls at 5 different metro station locations in Hyderabad.

- Revenue has decreased due to covid-19.

Products & Services Overview

We serve traditional Telugu meals on a banana leaf, made to order food, pickles and podis.

Assets Overview

Kitchen equipment, furniture and interior setup of both the restaurants.

Facilities Overview

First restaurant has an area of 2,500 Sq. Ft. built up over 2 floors and a central kitchen of additional 2,500 Sq. Ft.

The 2nd outlet has an area of 3,300 Sq. Ft. that includes kitchen and restaurant.

Both outlets on lease with 5 years of pending lease period.

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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