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Restaurant Seeking Loan in New Delhi, India

Company seeking funds to develop a fine dining restaurant with a changing menu concept.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  New Delhi
Local Time 12:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23.4 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Shortage of funds to complete the project. Need funds to complete the interior works, purchase equip... View More
Collateral Available: USD 5.8 thousand
Includes physical assets worth USD 23.4 thousand
Documents
Business Overview
- Company planning to start a new type of fine dining restaurant for multiple cuisine.
- We would change our food menu every 15-20 days.
- The menu would include South Indian, North Indian, Chinese, Continental, fast food, fusion, ethnic food with veg and non-veg options.
- 40% of the interior work has been completed.
- Experienced staff and chefs are already hired.
- Planning to apply for liquor license once the operations starts.
- Restaurant would have 34-36 seats.
- Will register on Swiggy, Zomato, Uber Eats before the inauguration.
- Business owns a few kitchen equipment and furniture.
Products & Services Overview
In the process to start a fine dining restaurant with a changing menu concept. The menu would include South Indian, North Indian, Chinese, Continental, Fast Food, Fusion, Ethnic Food.
Facilities Overview
Rental 1,600 sqft facility on the ground floor.
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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