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Restaurant Seeking Loan in Shirur, India

Restaurant near Shirur with strong daily customer base and authentic cuisine seeks funding to renovate.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 0 - 10 %
Industries Restaurants
Locations  Shirur
Local Time 12:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 55 thousand for 9.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: The loan is sought for the renovation of the restaurant. While the value of the physical assets exc... View More
Collateral Available: USD 0
Includes physical assets worth USD 330 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Restaurant that offers a diverse menu featuring both vegetarian and non-vegetarian dishes, catering to a wide range of tastes.
- Customers can enjoy an array of North Indian and South Indian cuisine, including popular regional specialties that attract food enthusiasts.
- The restaurant has a comfortable seating capacity of approximately 100, providing ample space for families and groups to dine in.
- The restaurant typically serves around 50-60 customers daily, focusing on providing a personalized dining experience.
- Revenue is generated through in-house dining, with customers drawn in by the restaurant's reputation for delicious and authentic homemade cuisine.
- With its strategic location in Karde, the restaurant appeals to local residents and visitors alike, creating a steady stream of repeat customers and new patrons.
- Operates with a valid GST and FSSAI license.
Products & Services Overview
The business’s top-selling products include Thalis (set meals), rice and bread-based meals like roti and naan with curries, popular snacks such as vada pav and samosa, and a variety of sweets and desserts. These offerings are primarily used by local residents, office-goers, students, and families seeking quick, affordable, and wholesome meals, whether for dine-in, takeaway, or casual snacking. Thalis and combo meals are preferred for balanced and convenient dining, while snacks and sweets cater to on-the-go or indulgent consumption.
Assets Overview
Tangible assets:
- Building structure worth approximately INR 2,5 crores.
- Furniture and fixtures worth INR 50 lakhs.
Facilities Overview
Operates on an area of 80,000 sq. ft. , with the land rented at INR 31,000 per month and the building structure owned.
The restaurant is located in Karde, near the city of Shirur.
Capitalization Overview
- 2 partners.
- No outstanding loans.
Recent Activity
  • 1 day, 8 hours ago
    Independent Advisors, New Delhi, Financial Consultant connected with the Business
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1 Investor contacted 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.
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