Take Away Seeking Loan in Bangalore, India
Takeaway in Bangalore seeks a loan to relocate the business to a different locality.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 6.7 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Take Aways |
| Locations | Bengaluru |
| Local Time | 10:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: - Funds are required to change the location of the entire setup and move to the Bellendur area throu...
View More
Collateral Available: USD 33.4 thousand
Includes physical assets worth
USD
33.4 thousand
Interested to connect with advisors
Documents
Business Registration Certificate
(301.4 KB)
FSSAI License
(468.3 KB)
Business Overview
- The location of the facility has potential but it is very slow in terms of revenue generation as the crowd has changed after Covid.
- This has impacted our sales.
- We require funds to relocate the business to a better area.
- Our takeaway has tie-ups with Zomato and Swiggy, but most of the orders are received by us through offline channels.
- Since this is a takeaway, we only have a seating capacity for 16 people.
- This has impacted our sales.
- We require funds to relocate the business to a better area.
- Our takeaway has tie-ups with Zomato and Swiggy, but most of the orders are received by us through offline channels.
- Since this is a takeaway, we only have a seating capacity for 16 people.
Products & Services Overview
We specialize in chicken pot biryani and Alfaham spicy fish grill.
Assets Overview
Physical assets include kitchen equipment, oven, fridge, and restaurant setup.
Facilities Overview
Our takeaway is located in Sarjapur with a built-up area of 700 sqft. We have all the equipment required to keep the kitchen running. This is a rental premise with a deposit of INR 80,000 and a monthly rent of INR 18,000.
Capitalization Overview
This is a sole proprietorship. The business has been funded through owner's capital. We have also taken a loan of INR 7 lakh for marketing.
Recent Activity
-
Earlier than 15 daysCredit Manager, Banking, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Manager, Online Marketplace, Bengaluru, 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.
Contact Business
3 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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.
You might also be interested in these businesses