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Restaurant Seeking Loan in Navi Mumbai, India

Pure veg restaurant in Navi Mumbai receiving 55 daily customers and 15 online orders.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 16.7 thousand
EBITDA Margin 35 %
Industries Restaurants
Locations  Navi Mumbai
Local Time 3:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.74 thousand for 10.0% annual interest, 2 years (Native Currency: INR 150,000)
Reason: To renovate the restaurant and purchase more equipment.
Collateral Available: USD 4.6 thousand
Includes physical assets worth USD 8.1 thousand
Interested to connect with advisors
Documents
Food Licence
Business Overview
- A restaurant business in Navi Mumbai that started operations in 2018.
- We serve pure veg Indian, Continental and Italian cuisine.
- Receive an average of 55 daily customers and an average of 15 daily orders through Swiggy and Zomato.
- There is a maximum seating capacity of 24 pax.
- Physical assets include interior set up and equipment.
- We are looking to renovate the restaurant and purchase more equipment. Funds will be used for this purpose.
Products & Services Overview
Serving pure veg Indian, Continental and Italian cuisine.
Facilities Overview
Property is rented and has an area of 250 Sq. Ft.
Agreement is for 3 years and is renewable after this period.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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