Restaurant Seeking Loan in Bacolod, Philippines
Unlimited wings restaurant that is into franchising with 13 franchise branches seeks funds for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 41 thousand |
| Run Rate Sales | USD 41 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants |
| Locations | Bacolod |
| Local Time | 11:28 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
25.6 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PHP 1,500,000)
Reason: For rolling funds and expansion of business (give out more franchises in other locations)
Collateral Available: USD 10.2 thousand
Includes physical assets worth
USD
25.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Mayor's Business permit
(223.8 KB)
Social Media Business Page
(1.9 MB)
Business Overview
1. Restaurant specializing in serving unlimited wings to customers.
2. This is an emerging business in the restaurant industry, located in Bacolod.
3. The business has 4 employees.
4. Established 3 years ago, started on a very small kiosk and went to franchising. Now we have 13 branches all over Negros Occidental Visayas and Cebu.
5. The restaurant's bestseller is unlimited wings with different flavors.
6. We are currently seeking funds for expansion.
7. The restaurant has a strong customer base due to its competitive pricing and quality of service.
8. We generate most of our revenue from royalties from 13 branches.
9. We have one kiosk of our own.
10. The average seating capacity of the facility is 30-40 pax.
2. This is an emerging business in the restaurant industry, located in Bacolod.
3. The business has 4 employees.
4. Established 3 years ago, started on a very small kiosk and went to franchising. Now we have 13 branches all over Negros Occidental Visayas and Cebu.
5. The restaurant's bestseller is unlimited wings with different flavors.
6. We are currently seeking funds for expansion.
7. The restaurant has a strong customer base due to its competitive pricing and quality of service.
8. We generate most of our revenue from royalties from 13 branches.
9. We have one kiosk of our own.
10. The average seating capacity of the facility is 30-40 pax.
Products & Services Overview
Best seller is unlimited wings with different flavors.We also serve other fast food such as burgers and fries.
Assets Overview
Store set-up of our branch with interiors and furniture.12 franchised branches with legal contracts.
Facilities Overview
We are currently renting a space for our outlet in the proper city area of Bacolod.
Capitalization Overview
Business has been run by the sole owner and proprietors since 2020. However, due to a lack of funds, we are here to ask for finance.Business does not have any liabilities.
Tags:
Fine Dine Restaurant Seeking Loan in Bacolod, Philippines
·Casual Restaurant Seeking Loan in Bacolod, Philippines
·Lend to Fine Dine Restaurant in Bacolod, Philippines
·Lend to Casual Restaurant in Bacolod, Philippines
·Restaurant Seeking Loan in Bacolod, Philippines
·Lend to Restaurant in Bacolod, Philippines
·Fine Dine Restaurant Seeking Loan
·Casual Restaurant Seeking Loan
·Lend to Fine Dine Restaurant
·Lend to Casual Restaurant
·Restaurant Seeking Loan
·Lend to Restaurant
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors viewed this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses