Restaurant Seeking Loan in Mumbai, India
Unique Bengali cuisine restaurant based out of Mumbai planning to expand.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 thousand |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Restaurants |
| Locations | Mumbai |
| Local Time | 11:38 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
700 thousand
for
15.0%
annual interest,
7
years
(Native Currency: INR 60,000,000)
Reason: We want to start two more outlets to cover a broader area within Mumbai and also start marketing the...
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Collateral Available: USD 23.4 thousand
Includes physical assets worth
USD
23.4 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Multi-cuisine fine dining restaurant serving Bengali, North Indian and Continental cuisine.
- Planning to extend our services of serving Bengali food by opening two more outlets in Mumbai.
- Tied up with Swiggy & Zomato.
- We have a concept of a live kitchen with a 22-seater fine dining area and an outdoor waiting lounge.
- We have been an exponentially growing restaurant with "zero marketing expenditure" and an existing client base of 3,000+ clients within a 50 Km radius with a 92% repeat order rate.
- We are also adding new clients at a 5% monthly rate. We have a very good relationship with all of our primary inventory suppliers and vendors.
- Sales are currently low since we were shut down during Covid and started operations last year.
- We have our own website and delivery too and cover a distance of 40- 50 km within the city through online delivery services.
- Planning to extend our services of serving Bengali food by opening two more outlets in Mumbai.
- Tied up with Swiggy & Zomato.
- We have a concept of a live kitchen with a 22-seater fine dining area and an outdoor waiting lounge.
- We have been an exponentially growing restaurant with "zero marketing expenditure" and an existing client base of 3,000+ clients within a 50 Km radius with a 92% repeat order rate.
- We are also adding new clients at a 5% monthly rate. We have a very good relationship with all of our primary inventory suppliers and vendors.
- Sales are currently low since we were shut down during Covid and started operations last year.
- We have our own website and delivery too and cover a distance of 40- 50 km within the city through online delivery services.
Products & Services Overview
Multi-cuisine fine dining restaurant serving Bengali, North Indian and Continental cuisine.
Assets Overview
Tangible: Business owns restaurant interiors, kitchen equipment, furniture, computers, electronic appliances, exterior LED signboards, etc.
Facilities Overview
The facility is located at Mira Road East, Thane. The total built-up area of the restaurant is 1,200 sq. ft. The rental agreement is on a 3-years renewal basis.
Capitalization Overview
The business is currently self-funded. It is a family-run business. The owner is the head chef. We do not have any debts/loans for running the restaurant at the moment.
Recent Activity
-
Earlier than 15 daysPartner, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysInvestment Analyst, Mumbai, Financial Consultant connected with the Business
Tags:
Fine Dine Restaurant Seeking Loan in Mumbai, India
·Casual Restaurant Seeking Loan in Mumbai, India
·Lend to Fine Dine Restaurant in Mumbai, India
·Fine Dine Restaurant Seeking Loan in Bombay
·Lend to Casual Restaurant in Mumbai, India
·Restaurant Seeking Loan in Mumbai, India
·Casual Restaurant Seeking Loan in Bombay
·Lend to Fine Dine Restaurant in Bombay
·Lend to Restaurant in Mumbai, India
·Lend to Casual Restaurant in Bombay
·Restaurant Seeking Loan in Bombay
·Fine Dine Restaurant Seeking Loan
·Casual Restaurant Seeking Loan
·Lend to Restaurant in Bombay
·Lend to Fine Dine Restaurant
·Lend to Casual Restaurant
·Restaurant Seeking Loan
·Lend to Restaurant
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