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Restaurant Seeking Loan in Port of Spain, Trinidad

Partial stake sale in a thriving seafood restaurant with a loyal customer base.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 220 thousand
Run Rate Sales USD 265 thousand
EBITDA Margin 0 - 10 %
Industries Restaurants
Locations  Port of Spain
Local Time 10:52 AM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29.5 thousand for 9.0% annual interest, 3 years (Native Currency: TTD 200,000)
Reason: The loan is being sought to meet operating capital requirements and ensure smooth business operation... View More
Collateral Available: USD 0
Includes physical assets worth USD 22 thousand
Name, Phone, Email
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Business Name
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Business Overview
- The business is a unique seafood restaurant located in Chaguanas, specializing solely in fresh seafood dishes, catering to a niche market in Trinidad and Tobago.
- It operates with a small team of 10 employees, ensuring personalized service and a focus on quality.
- On average, the restaurant serves between 50 to 100 customers daily, highlighting a steady demand for seafood in the area.
- The restaurant primarily offers takeout services, with limited seating capacity accommodating only 10 to 20 guests, making it ideal for customers on the go.
- An operational license is in place, ensuring compliance with local health and safety regulations, which builds trust with customers.
- The menu features a wide range of seafood options, including dishes like grilled fish, shrimp, and seafood platters, appealing to local and visiting seafood lovers.
- Revenue is generated through the sale of seafood meals primarily via takeout, which minimizes overhead costs related to dining space.
Products & Services Overview
The menu features a wide range of seafood options, including dishes like grilled fish, shrimp, and seafood platters, appealing to local and visiting seafood lovers.
Assets Overview
Tangible assets include:
- Furniture and fixtures.
- Kitchen setup.
Facilities Overview
The restaurant operates from a rented facility and the monthly rent is TTD 4,500.
Capitalization Overview
- 2 partners.
- No loans or debts.
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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