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Restaurant Seeking Loan in Manila, Philippines

Restaurant brand with 3 branches seeks funds to open 2 new flagship outlets.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 68 thousand
Run Rate Sales USD 76 thousand
EBITDA Margin 35 %
Industries Restaurants
Locations  Manila
Local Time 7:34 PM Asia / Manila
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 10.0% annual interest, 5 years (Native Currency: PHP 2,000,000)
Reason: Fund required to open 2 new flagship branches.
Collateral Available: USD 43 thousand
Includes physical assets worth USD 43 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Pitch Deck
Flavored drinks
Franchise Details
Business Overview
- We have 3 restaurant branches and 2 new outlets to be built soon.
- We are a unique food business in the Philippines serving unique foods that are authentic.
- On a daily basis, we serve 70-80 customers from 3 branches.
- Out of the 3 branches, 2 are proper restaurants and 1 is a takeaway outlet.
- Two outlets have 10-20 seats each.
- We will invest some amount to open new branches and need a loan for the remaining funds.
- Business had some liabilities which were recently cleared.
- Company has 5 directors.
Products & Services Overview
Kabsa.
Biryani.
Shawarma.
Rice bowls.
Flavored drinks.
Assets Overview
Computers, kitchen utensils, POS system, kitchen equipment, furniture, lights and fixtures.
Facilities Overview
We have 3 rented outlets across Manila.
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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