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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 15 thousand
EBITDA Margin Nil
Industries Cloud Kitchens
Locations  Bangalore
Local Time 10:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 380 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 38 thousand
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Business Name
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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.

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, Bangalore, Financial Advisor 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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