Restaurant Seeking Loan in Lakhimpur, India
Restaurant serving affordable continental cuisine, receiving 120 daily customers.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 13 thousand |
| EBITDA Margin | 15 % |
| Industries | Restaurants |
| Locations | Lakhimpur |
| Local Time | 11:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 1,000,000)
Reason: In order to move out of the current property and setup a new restaurant in Lucknow.
Collateral Available: USD 0
Includes physical assets worth
USD
3.26 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.3 KB)
Business Overview
- A restaurant business based in Lakhimpur, Uttar Pradesh.
- We serve veg and non-veg continental cuisine.
- We serve food at an affordable price range.
- Have a maximum seating capacity of 30 pax.
- Receive an average of 120 daily customers.
- We are looking to move out of our current location and setup the restaurant in Lucknow. We will be closing the current restaurant and opening a new one under the same brand name in Lucknow.
- No ground work has been done in Lucknow yet. The new restaurant in Lucknow will be rented.
- We want to shift to Lucknow as we believe we will have a larger customer base.
- Business was started towards the end of last year, hence we did not generate any revenue for the previous year.
- Physical assets include restaurant property, kitchen equipment and furniture.
- We serve veg and non-veg continental cuisine.
- We serve food at an affordable price range.
- Have a maximum seating capacity of 30 pax.
- Receive an average of 120 daily customers.
- We are looking to move out of our current location and setup the restaurant in Lucknow. We will be closing the current restaurant and opening a new one under the same brand name in Lucknow.
- No ground work has been done in Lucknow yet. The new restaurant in Lucknow will be rented.
- We want to shift to Lucknow as we believe we will have a larger customer base.
- Business was started towards the end of last year, hence we did not generate any revenue for the previous year.
- Physical assets include restaurant property, kitchen equipment and furniture.
Products & Services Overview
Serving veg and non-veg continental cuisine such as - sandwiches, pitas, hamburgers, fried chicken, french fries, onion rings, chicken nuggets, tacos, pizza, hot dogs and ice cream.
Facilities Overview
Restaurant property is owned by the business and has an area of 1,250 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysHR Manager, IT, Kurnool, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Fine Dine Restaurant Seeking Loan in Lakhimpur, India
·Newly Established Casual Restaurant Seeking Loan in Lakhimpur, India
·Lend to Newly Established Fine Dine Restaurant in Lakhimpur, India
·Lend to Newly Established Casual Restaurant in Lakhimpur, India
·Newly Established Restaurant Seeking Loan in Lakhimpur, India
·Lend to Newly Established Restaurant in Lakhimpur, India
·Newly Established Fine Dine Restaurant Seeking Loan
·Newly Established Casual Restaurant Seeking Loan
·Lend to Newly Established Fine Dine Restaurant
·Lend to Newly Established Casual Restaurant
·Newly Established Restaurant Seeking Loan
·Lend to Newly Established Restaurant
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses