Small Cloud Kitchen Seeking Loan in Bangalore, India

Bangalore based cloud kitchen selling vegetarian & non-vegetarian urban / western fusion food.

This Business is on a Premium Plan

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	General Partnership
Reported Sales	Nil
Run Rate Sales	USD 14 thousand
EBITDA Margin	Nil
Industries	Cloud Kitchens
Locations	Bangalore
Local Time	10:12 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6 / 10

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Seeking Loan

USD 360 thousand for 12.0% annual interest, 5 years (Native Currency: INR 30,000,000)

Reason: INR 2 crores will be used to set up 10 new outlets across Hyderabad (6) and Bangalore (4). The remai... View More

Collateral Available: USD 0

Includes physical assets worth USD 36 thousand

Business Overview

- Cloud kitchen providing a comprehensive range of international urban fusion food.

- Primarily sell grilled food including wraps, skewers and kebabs.

- Receive orders through Swiggy and have recently listed on Zomato.

- Currently, receive around 10 orders each day.

- The Average Order Value (AOV) is INR 300.

- Strong gross margins of 50% but yet to breakeven operationally as a significant portion of our revenue is spent on fixed expenses including rent and salaries.

- As the revenue increase, the business is expected to reach profitability.

- Business has just started and is yet to break even operationally.

Products & Services Overview

Barbecues, Wraps, Kebabs, Grills, Salads, Skewers, Beverages, Nachos, Italica Fries etc.

Facilities Overview

200 sq. ft. of leased space off Bannerghatta Road, Bangalore. The monthly lease rent is INR 30,000. The facility is well equipped with modern kitchen equipment and all the necessary amenities.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
MD, Construction, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Bangalore, Financial Consultant connected with the Business
Earlier than 15 days
Sr. Consultant, Advisory Firm, Bangalore, Corporate Investor / Buyer connected with the Business

Tags:

Newly Established Cloud Kitchen Seeking Loan in Bangalore, India

Lend to Newly Established Cloud Kitchen in Bangalore, India

Newly Established Cloud Kitchen Seeking Loan in Bengaluru

Lend to Newly Established Cloud Kitchen in Bengaluru

Newly Established Cloud Kitchen Seeking Loan

Lend to Newly Established Cloud Kitchen

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