Snooker Club Seeking Loan in Mumbai, India
Operating a snooker club in Borivali West seeks funding for establishing more centres.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Snooker Clubs |
| Locations | Mumbai |
| Local Time | 10:16 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
24 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: For establishing another center in Mumbai or in Nashik.
Collateral Available: USD 12 thousand
Includes physical assets worth
USD
18 thousand
Interested to connect with advisors
Business Overview
- Business is involved in operating a snooker club since 2016.
- It is located in a crowded area, Borivali West road, Mumbai.
- Daily walk-ins are more than 50 customers on average without any age limit.
- There are 5 snooker tables and also chess, carrom & darts gaming zone with AC & good ambiance.
- We also conduct tournaments at our club & winners are awarded.
- Looking start another branch in Nashik or another area in Mumbai.
Products & Services Overview
Snooker, pool, carrom, chess & darts.
Facilities Overview
2,200 sqft carpet area with A / C & good quality snooker tables.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Mumbai, Financial Advisor connected with the Business
-
Earlier than 15 daysProprietor, Acrylic Products, Mumbai, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
