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Restaurant Seeking Loan in Klagenfurt am Wörthersee, Austria

Well-established Indian restaurant in Austria with over half a million euros turnover seeks expansion funds.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 680 thousand
Run Rate Sales USD 680 thousand
EBITDA Margin 25 %
Industries Restaurants
Locations  Klagenfurt am Wörthersee
Local Time 11:38 AM Europe / Vienna
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 10.0% annual interest, 10 years (Native Currency: EUR 150,000)
Reason: Seeking funds to renovate the existing outlet and open another branch.
Collateral Available: USD 0
Includes physical assets worth USD 113 thousand
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Business Name
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Documents
Business Overview
- Well-established Indian restaurant located in Klagenfurt am Wörthersee, specializing in Indian food, drinks, catering, and events.
- Recognized as one of the top 5 healthy restaurants in Austria and nominated for the Falstaff award, demonstrating a commitment to quality and excellence.
- Annual turnover exceeds half a million euros, indicating strong financial performance and customer demand.
- Boasts a loyal customer base with a significant number of permanent patrons, contributing to a stable revenue stream.
- Offers seating for up to 70 guests, providing ample dining space for both regular service and event hosting.
- Utilizes a balanced approach to sales, with online and offline orders contributing equally to the business, averaging around 50-60 orders per day with an average order value of EUR 30-40.
- Business has a gastronomy license and employs a staff of 5 permanent employees, supplemented by 6 temporary workers to manage operations efficiently.
Products & Services Overview
Indian cuisine. Menu comprises starters, soups, bread, curries, biryani, dessert, non- alcoholic and alcoholic drinks.
Serves both veg and non-veg.
Top selling is chicken based dishes.
Sales channels include both dine-ins and online delivery platforms.
Assets Overview
Physical assets include kitchen equipment around EUR 30k and furniture & fixtures worth around EUR 70k.
Facilities Overview
Operating from a leased facility of 170 sqm located in St. Veiter Street near downtown.
Rent is EUR 2,500 per month.
Capitalization Overview
Business is self-funded.
Family owned business with 2 shareholders.
Having outstanding bank loans.
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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