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Restaurant Seeking Loan in Lakhimpur, India

Restaurant serving affordable continental cuisine, receiving 120 daily customers.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 15 %
Industries Restaurants
Locations  Lakhimpur
Local Time 8:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 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 3.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
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.

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
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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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