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Restaurant Seeking Loan in Mirzapur, India

Small restaurant setup near Medical College Mirzapur seeks a loan.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 40 %
Industries Restaurants
Locations  Mirzapur
Local Time 2:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 7.0% annual interest, 4 years (Native Currency: INR 1,000,000)
Reason: Need funds to improve the interiors.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- The seating capacity of the restaurant is 10 pax.

- We receive around 150 customers daily.

- Average order value INR 80.

- Chef has 15 years of experience.

- It is located near a college which attracts a lot of students.

- Have 6 employees (helpers, cleaners, and chef).

- We possess an FSSAI license and GST certificate.

Products & Services Overview

We serve fast food like chole bhatura, Maggi, puri, beverages, etc.

Assets Overview

Tangible assets include tables, chairs, and kitchen equipment.

Facilities Overview

Own restaurant is located in the north of the city on a 50 sqft area.

Capitalization Overview

- Single owner.

- Has a business loan of INR 5 lakhs.

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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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