Waffle Store Seeking Loan in Scarborough, Trinidad
Takeaway business in Scarborough, focusing on bulk orders with 10-20/month, seeking funds to open diner.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 53 thousand |
| Run Rate Sales | USD 53 thousand |
| EBITDA Margin | 35 % |
| Industries | Take Aways + 1 more |
| Locations | Scarborough |
| Local Time | 10:22 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.8 thousand
for
8.0%
annual interest,
5
years
(Native Currency: TTD 80,000)
Reason: Seeking funds to open a diner and procure a vehicle for efficient deliveries.
The sought transactio...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.95 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Takeaway business located in Scarborough, Trinidad and Tobago.
- Currently receives orders through WhatsApp and social media platform such as Facebook.
- The business model predominantly focuses on takeaway orders, with a limited number of home deliveries.
- The business caters only to bulk orders presently and is not open for orders every day.
- On average, the business receives 10 to 20 orders per month, with order values ranging from a minimum of TTD 1,000 to a maximum of TTD 4,000.
- The business previously operated from a diner but had to close it a couple of years back due to operational constraints. As a result, the business is seeking investment to reopen the diner to be able to cater to daily orders and operate on a larger scale.
- Currently receives orders through WhatsApp and social media platform such as Facebook.
- The business model predominantly focuses on takeaway orders, with a limited number of home deliveries.
- The business caters only to bulk orders presently and is not open for orders every day.
- On average, the business receives 10 to 20 orders per month, with order values ranging from a minimum of TTD 1,000 to a maximum of TTD 4,000.
- The business previously operated from a diner but had to close it a couple of years back due to operational constraints. As a result, the business is seeking investment to reopen the diner to be able to cater to daily orders and operate on a larger scale.
Products & Services Overview
Top selling products are waffles and chicken, eggs, saltfish, sausage, shrimp, local cuisines, homemade syrup and sauces, and brunch boxes amongst other menu options and selections.Currently most of the orders are takeaways and catering to bulk orders.
Assets Overview
Physical assets include the kitchen equipment and raw materials stock.
Facilities Overview
Currently operating from residential premises.Yet to open a dedicated facility for the business.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
Sole proprietorship business.
Tags:
Waffle Store Seeking Loan in Scarborough, Trinidad and Tobago
·Take Away Seeking Loan in Scarborough, Trinidad and Tobago
·Lend to Waffle Store in Scarborough, Trinidad and Tobago
·Lend to Take Away in Scarborough, Trinidad and Tobago
·Waffle Store Seeking Loan
·Take Away Seeking Loan
·Lend to Waffle Store
·Lend to Take Away
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