Need help?

Restaurant Seeking Loan in Paro, Bhutan

Sustainable restaurant in Paro, specializing in local Himalayan cuisine, seeking funds for completion of restaurant.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 14 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants
Locations  Paro
Local Time 2:06 PM Asia / Thimphu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 230 thousand for 10.5% annual interest, 4 years (Native Currency: BTN 20,000,000)
Reason: Repayment of loans and establishment of proper catering services with utility vehicles, furnishing a... View More
Collateral Available: USD 810 thousand
Includes physical assets worth USD 690 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- A sustainable restaurant located in Paro, specializing in local cuisine and committed to promoting sustainability while celebrating the region's rich culinary heritage.
- Diverse Clientele: The restaurant serves a diverse clientele, including local residents and tourists seeking authentic Himalayan cuisine, leading to a steady increase in the customer base over the years.
- Revenue Model: The business generates revenue through dine-in and take-out orders, and catering services for events.
- Promoter Experience: The promoters bring a wealth of experience in the food and hospitality industry, with backgrounds in culinary arts, business management, and community development, contributing to the restaurant's success and vision.
- Strong Business Relationships: Has cultivated strong relationships with local farmers, suppliers, and community partners, ensuring a steady supply of fresh, seasonal ingredients while supporting the local economy.
- Awards and Recognition: The restaurant has received local awards celebrating excellence in cuisine, sustainability practices, and community engagement.
- Seating Capacity and Cuisine: With a seating capacity of 60, the restaurant specializes in local Himalayan cuisine, with momos, rice thalis and buckwheat bread being the top-selling.
- The business has been non-operational since the start of this year as the owner has moved to a new restaurant facility, which is owned and the set-up is yet to be completed.
- When the restaurant was operational till last year, was receiving daily orders of 50 to 100/day with an average order value of BTN 500.
Products & Services Overview
Committed to promoting sustainability while celebrating the region's rich culinary heritage.
Our restaurant embraces the principles of sourcing locally, reducing waste, and engaging with the community to preserve local foods and resources.
Serves local Himalayan cuisine with momos, rice thalis and buckwheat bread being the top selling food items.
Orders are through dine-in, takeaways and catering services for events.
Assets Overview
- Restaurant building.
- Fully equipped kitchen.
Facilities Overview
Own restaurant building, located in Satsam, Paro.
Capitalization Overview
The business is funded by T Bank at BTN 11.8 million and the rest of the funding is by the owner.
There is 1 owner, holding 100% shares in the business.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more