Need help?

Restaurant Seeking Loan in Satara, India

Restaurant established on a historical land with a weekly footfall of 1,000 customers.

Established 70-80 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 141 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Satara
Local Time 3:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 830 thousand for 12.0% annual interest, 5 years (Native Currency: INR 70,000,000)
Reason: We are seeking a loan to buy land and property with an area of 4,700 sq ft on which the restaurant i... View More
Collateral Available: USD 1.06 million
Includes physical assets worth USD 41 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our restaurant is established in a prime tourist location.
- We receive a weekly footfall of 1,000 walk-in customers.
- Our restaurant is also listed on Zomato and Swiggy. 30% of the orders received by us are through online channels and 70% through offline.
- Currently, we have a seating capacity of 80 people.
- Our restaurant is established on a historical land. We are seeking a loan to renovate the facility and buy the land from the current owner.
- This is a family-owned business having three partners.
- Company has not taken any loans previously.
Products & Services Overview
We are a restaurant serving various types of snacks and beverages.
Assets Overview
Physical assets include set up, restaurant interiors and furniture.
Facilities Overview
We have a facility of 3,000 sq ft which is on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Partner, Pune, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Pune, M&A Advisor connected with 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
7 Investors already contacted this Business. 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