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Cafe Seeking Loan in Kuala Terengganu, Malaysia

Experienced cafe owner requires loan for renovation, serving 30 customers daily and AOV 20 Ringgit.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 26.6 thousand
EBITDA Margin 30 - 40 %
Industries Cafes
Locations  Kuala Terengganu
Local Time 12:11 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 8.9 thousand for 4.5% annual interest, 3 years (Native Currency: MYR 40,000)
Reason: Need funds for the renovation of the cafe and to meet monthly interest payments.
Collateral Available: USD 3.3 thousand
Includes physical assets worth USD 6.7 thousand
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Documents
Cafe
Facility
Business Overview
- Approximately 10% of sales come from online orders through GrabFood and FoodPanda.
- The establishment has a capacity for 100 guests.
- On average, it serves 30 customers daily.
- The average order value (AOV) is 20 Ringgit.
- The business owner has over 5 years of experience in the industry.
- Some tasks are outsourced to third-party providers.
- Temporary closure for 2 months due to adverse weather conditions (rain) but has since reopened.
Products & Services Overview
- Cuisine includes Western, Hungarian, and American offerings in a café setting.
- A significant portion of the customer base comprises local dine-in patrons.
- The top-selling item is grilled chicken.
Assets Overview
Assets include:
All our kitchen equipment, furniture, fixtures.
Facilities Overview
- Location: Jalan Sultan Mahmud, Kuala Terengganu, Malaysia.
- Size: 2,000 square feet.
- Monthly Rent: 1,700 ringgits.
Capitalization Overview
- Business owned by two partners, with a 50-50 ownership split.
- One partner has left the business after incurring a debt, and specific loan details are unavailable.
- Monthly debt repayment is approximately 11,000 Ringgit.
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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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