Restaurant Seeking Loan in Male, Maldives
Seeking loan to open an Italian restaurant and bar at Maldives with 80 seating capacity.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Restaurants |
| Locations | Male |
| Local Time | 12:22 PM Indian / Maldives |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
194 thousand
for
10.5%
annual interest,
2
years
(Native Currency: MVR 3,000,000)
Reason: For the initial start-up of the restaurant for contrasting the interior, OS&E, and FF&E items, with ...
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Collateral Available: USD 324 thousand
Interested to connect with advisors
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Business Name
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Documents
Registration Extract
(170.2 KB)
Business Proposal
(6.1 MB)
Business Overview
- Opening an authentic Italian restaurant and bar in a world class tourist destination, which has multiple businesses such as, luxurious hotels, world-class dining, leisure, retail and entertainment centers at Male, Maldives.
- We have rented the facility but the interiors are yet to be set up.
- The restaurant will be led by an renowned Italian Chef.
- The primary 2 goals is to deliver authentic Italian cuisine and to create a unique dining experience.
- Seating capacity will be 80.
- We are projecting average monthly sales of MVR 771,000 with profit margins of 30%.
- Special features will include wine selection, live pizza station, pizza making classes, live singers, karaoke nights, pizza making classes etc.
- We have rented the facility but the interiors are yet to be set up.
- The restaurant will be led by an renowned Italian Chef.
- The primary 2 goals is to deliver authentic Italian cuisine and to create a unique dining experience.
- Seating capacity will be 80.
- We are projecting average monthly sales of MVR 771,000 with profit margins of 30%.
- Special features will include wine selection, live pizza station, pizza making classes, live singers, karaoke nights, pizza making classes etc.
Products & Services Overview
The restaurant will serve Italian cuisine. There will also be wine selection, live making pizza, pizza making classes and entertainment nights.
Assets Overview
The facility has been booked but no interiors or furniture is set up. The business does not have any assets.
Facilities Overview
The facility is a rented unit a world class tourist destination at Male, Maldives of which is a ground floor with indoor and outdoor seating area of 148.38sqm.Rent is MVR 114,400 per month.
Capitalization Overview
Business will be funded by the owners.No outstanding loans or debts.
There are currently 5 directors, with an ownership of 96% for the primary director and 1% each for the others.
Recent Activity
-
Earlier than 15 daysAdvisor, Hyderabad, Financial Consultant connected with the Business
Tags:
Newly Established Fine Dine Restaurant Seeking Loan in Malé, Maldives
·Newly Established Casual Restaurant Seeking Loan in Malé, Maldives
·Lend to Newly Established Fine Dine Restaurant in Malé, Maldives
·Lend to Newly Established Casual Restaurant in Malé, Maldives
·Newly Established Restaurant Seeking Loan in Malé, Maldives
·Lend to Newly Established Restaurant in Malé, Maldives
·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
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