Newly Established Professional Services Business Seeking Loan in Parañaque, Philippines
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Cafes + 1 more |
| Locations | Parañaque |
| Local Time | 6:20 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- Business aims to be an open atmosphere that will integrate all basic community business services along with an eatery in the same space.
- It is a work-eat space divided into 7 units- accounting and law services, laundry space, VIP payment unit and a water filling unit, accompanied by a small bakery, chicken counter and a coffee shop.
- The idea is to integrate the two categories to provide a dynamic set up where the customers can work and refresh at the same time.
- The owner is a lawyer and accountant by profession and will be managing the business services aspect of it. The eatery will be handled by an in-house kitchen.
- The location of this set up in a rich community area between business centers gives us an added advantage.
- It can accommodate up to 70 people at a time.
- Business is expected to commence in 2-3 months. The construction and infrastructure are in process.
- The expected monthly revenue in the initial months is PHP 600,000.
- The environment is made to look inclusive, dynamic and attractive to attract clients by social media marketing.
- Other important details and plans can be found in the documents submitted.
- An integrated work-eat space with business services complemented by bakery and café.
- Business services include accounting and law firm owned by the owner themselves, a space for laundry, VIP payment unit and water filling unit.
- The business is yet to be commenced so we do not have any physical assets.
- The amount of collateral is supported by the property held by the owner outside of business.
We have initiated a lease agreement process for a 227 sq. meter. space on the ground floor in a walking street. It is surrounded by business establishments and has captured a community. The agreement should come through in 1-2 weeks.
