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Restaurant Seeking Loan in Kalyan, India

Restaurant with two branches in Mumbai with a seating capacity of 320 seeks a loan.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Kalyan
Local Time 2:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 10.0% annual interest, 15 years (Native Currency: INR 50,000,000)
Reason: We are seeking investment for expansion of our business and open new branches.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 660 thousand
Interested to connect with advisors
Business Overview

- We are a pure vegetarian restaurant with a daily footfall of 150 from both the branches.

- Our business has more than a 30 percent growth rate.

- We have a seating capacity of 150 and 170 in both the branches respectively.

- The company has only one promoter and he has more than 10 years of experience in the hotel industry and 2 years of overseas experience.

- Our business has seen a high growth rate after opening a new branch.

- The business has taken a loan previously and the outstanding payment is INR 30 lakhs.

Products & Services Overview

We provide South Indian, Chinese, Indian, Punjabi, Continental cuisine, and fine dining.

Assets Overview

Physical assets include a property with an area of 2,400 sq ft which is owned by the business, furniture, and set up of two facilities.

Facilities Overview

We have two branches, 1st owned restaurant with an area of 2,400 sq ft and 2nd rented restaurant of 3,000 sq ft.

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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