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Take Away Seeking Loan in Hinnavaru, Maldives

Cafe catering to 50+ people daily and providing takeaway services seeks funds.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 8 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin 40 %
Industries Cafes + 1 more
Locations  Hinnavaru
Local Time 4:40 PM Indian / Maldives
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 4.5 thousand for 15.0% annual interest, 2 years (Native Currency: MVR 70,000)
Reason: To make a wide range of catering with different varieties and indoor dining space and a store. The v... View More
Collateral Available: USD 1.6 thousand
Includes physical assets worth USD 2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Cafe located on a small island in the Maldives.

- Cater to approximately 50+ people in a day.

- The cafe is run by the owner and his brother who also prepare all the food items.

- Currently, the business only has take away services.

- The business is easily accessible and is known for the quality of its food products.

- Have permission to provide catering services.

Products & Services Overview

Take away cafe for ice cream, beverages, cakes, and other hot food items.

Assets Overview

2 fridges, 3 coffee machines, 2 blenders, 1 microwave oven, 1 ice machine, and glassware.

Facilities Overview

Operating from a space in the owner's home.

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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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