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Restaurant Seeking Loan in Nashik, India

Family cafeteria with parcel point and online delivery located in a premium location seeks loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 35 thousand
Run Rate Sales USD 56 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Nashik
Local Time 11:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.9 thousand for 14.0% annual interest, 4 years (Native Currency: INR 500,000)
Reason: Seeking loan for working capital requirements, business development and growth. We are also planning... View More
Collateral Available: USD 590
Includes physical assets worth USD 29 thousand
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Business Name
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User Verification
Business Overview
- We are a well-known family restaurant and cafeteria located in a busy street of Nashik with loyal corporate and local customers.
- Provide multi-cuisine delicacies from breakfast to dinner.
- Listed on food delivery apps like Zomato and Swiggy for online orders. We also take orders through our social media handles and deliver within 5-kilometre range by ourselves. Listed on savings apps like Magicpin to boost our sales and enhance our marketing.
- Seating capacity is approximately 150 people. Average footfall before the pandemic was nearly 300 people as we were almost occupied the entire day.
- We have a garden area and party hall as well that can cater to a crowd of 40 people.
- Yearly revenue figure is from pre Covid-19 time and run rate sales is based on last month as we have recently begun full operations recovering from the pandemic situation and restrictions. Have a 30% fall in sales compared to normal situation but growth rate is higher than we expected as customers are rapidly increasing on a daily basis.
- Based on revenue figures and physical asset value, we are seeking a small loan amount for the working capital requirement.
Products & Services Overview
We have Continental, Mughlai, North Indian, Chinese and Marathi cuisines available from breakfast to dinner.
Assets Overview
We own furniture and fixtures like table chairs, kitchen equipment and all interior of the restaurant.
Facilities Overview
Rented space of 2,500 square feet located on the ground floor with parking area and small garden space.
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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