Restaurant Seeking Loan in San Fernando, Trinidad and Tobago

- The loan is intended for the acquisition of a well-established Arabic restaurant with 17 years of operation.
- Caters to a diverse customer base including working individuals, families, and event catering.
- The current owners are selling since they are relocating abroad.
- The promoter’s husband will manage the restaurant, bringing over 10 years of experience in the food industry.
- The promoter herself is an individual law attorney, earning TTD 25,000 - 30,000 per month.
- Income from the promoter’s legal practice and the restaurant’s profits will be used to fund the loan interest.
- The restaurant generates a monthly revenue of TTD 150,000, with reported annual sales of TTD 2,400,000 in the previous year, demonstrating consistent profitability.
- Offers multiple revenue streams including dine-in sales, online orders for pickup or delivery, and event catering services.
- With four branches primarily serving the southern parts of Trinidad, the business has successfully established a strong local presence, serving over 100 customers monthly.
- The business is well-equipped with necessary licenses, operational infrastructure, and physical assets worth TTD 3 million, including storage units, restaurant equipment, food trucks, and ingredients.
- Engages local suppliers for the freshest ingredients, emphasizing quality and supporting the local economy.