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Restaurant Seeking Loan in Kondapur, India

Restaurant run by a promoter having 15 years of culinary experience in a 5 start hotel.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 42 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Kondapur
Local Time 5:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.4 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: To invest in marketing and to improvise the kitchen equipment and services.
Collateral Available: USD 2.3 thousand
Includes physical assets worth USD 9.3 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Food Licence
GST
Business Overview
- Restaurant was recently started serving both veg and non veg items.
- Business is located on the main road and has schools and apartments nearby.
- Seating capacity of the restaurant is of 40 pax.
- We receive 40 to 50 walk-ins on a daily basis.
- Registered with online delivery portals like Zomato and Swiggy.
- We also provide our own delivery service within 2 km radius.
- Promoter has more than 15 years of experience as a chef in Taj Hotels.
Products & Services Overview
We serve Tandoor, Chinese, Fast food, North and South Indian.
Well known dishes: Veg Manchurian dry, Butter chicken, Paneer popcorn.
Assets Overview
Physical assets include furniture, kitchen equipment and decor.
Facilities Overview
Rented facility on 1st floor, rent of INR 45,000.
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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