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Restaurant Seeking Loan in Usilampatti, India

Fully operational restaurant serving local cuisine seeks financial support to establish another branch.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 20 %
Industries Restaurants
Locations  Usilampatti
Local Time 2:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,200,000)
Reason: Have a good opportunity to start a new branch but we do not have any financial support so we are see... View More
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 2.4 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Successful and fully operational small veg restaurant.

- The restaurant wants to expand and establish another branch.

- Seeking between INR 5 lakh - INR 12 lakh for this expansion.

Products & Services Overview

A pure veg restaurant that serves the local cuisine.

Assets Overview

Assets include one owned shop and one car.

Facilities Overview

It's located on the ground floor has an area of about 1,000 sq. ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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