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Newly Established Restaurant Seeking Loan in Trincomalee, Sri Lanka

Restaurant located in the Nilaveli tourist zone receiving 100 customers daily seeks a loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 6 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Trincomalee
Local Time 4:56 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.3 thousand for 15.0% annual interest, 5 years (Native Currency: LKR 1,000,000)
Reason: Need funds for refurnishing.
Collateral Available: USD 3.3 thousand
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- Restaurant is located in a tourist zone.
- The seating capacity of the restaurant is 30 pax.
- We receive around 100 customers daily.
- The average order value is LKR 1,000.
- Chef has 10 years of experience.
- Have a registered food license.
Products & Services Overview
Rice and curry, cocktails, juice, and all western food.
Assets Overview
Tangible assets include tables, chairs, raw materials, etc.
Facilities Overview
The restaurant is located in the east of the city on a 1,000 sqft area with a monthly rent of INR 1 lakh.
Capitalization Overview
- Company has 2 shareholders with equal shareholding.
- Business has no loan.
Recent Activity
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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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