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Restaurant Seeking Loan in Pune, India

Pune based restaurant specializing in non veg and sea food seeks funding for a new branch.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Pune
Local Time 4:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 12.0% annual interest, 6 years (Native Currency: INR 3,500,000)
Reason: To start a new branch in Pune.
Collateral Available: USD Not Available
Includes physical assets worth USD 30 thousand
Documents
Business Overview

- We have a restaurant and looking to add another branch.

- The restaurant serves both Non-Veg and Veg food, well-known for sea food.

- The present restaurant has a seating capacity of 50 pax.

- More than 1000 customers visit in a week.

- We have tied up with Zomato for online delivery and orders.

- The information provided here is for my existing restaurant and I am seeking funding to start a new branch in a different region of Pune.

Products & Services Overview

All kind of non-veg and veg food, mainly serving sea food.

Facilities Overview

4000 sqft rental area.

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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