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Shisha Cafe Seeking Loan in Bangalore, India

Hookah cafe with INR 20K+ sales on weekends planning to open a new cafe.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 53 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 30 %
Industries Shisha Cafes
Locations  Bangalore
Local Time 4:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 41 thousand for 14.0% annual interest, 2 years (Native Currency: INR 3,500,000)
Reason: The funds will be used to start a new hookah cafe.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 17.5 thousand
Documents
FSSAI License
Business Overview
- Hookah cafe that serves continental, Chinese, Italian cuisine along with mocktails, coffee, and other beverages.
- On weekdays we make sales of INR 10K-15K and on weekends the sales are INR 20K+.
- We have a seating capacity of 70 people at a time.
- Cafe only offers a dine-in service.
- Cafe has 2 chefs, 2 persons to prepare hookah, 3 service guys, 1 helper, 1 cleaner.
- The promoter has 5+ years of experience in the same field.
- We plan to open one more hookah cafe with snooker, play station area, cricket nets to attract different mindset people, and a seating capacity of 350 people. We have finalized the place and finalizing the lease terms.
- The business is debt-free.
- The promoter is the sole owner of the company.
Products & Services Overview
We serve continental, Chinese, Italian cuisine along with mocktails, coffee, and other beverages. Also hookah.
Assets Overview
11 tables, 70 chairs, 8 sofa's, 1 exhaust, 2 mixer, 1 stove, 2 freezers, 1 fridge, 1 owen, and all other kitchen equipments.
Facilities Overview
1,300 Sq Ft of space rented for INR 22,000 + tax per month.
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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