A Promising Restaurant Chain Looking To Raise Funds
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They provides a wide variety of food & beverages as follows :-
snacks
starters
sandwiches
pav bhaji
pizzas
soups
salads
sizzlers
main courses
indian breads
dal & rice
They operate multicuisine restaurants with wide variety of Indian food, Chinese food, Continental food, Jain food, etc.
They provide online food delivery through various well known delivery applications
They provide home delivery & take away facilities at their restaurants.
They also provide party organizing services at their restaurants.
Clientele type
Corporate houses, Nearby business houses, Working professionals, Families & Online customers.
Premises
There are two restaurants operated by this owner.
One of them is leased & the other one is owned by them.
Both the restaurants have option of both A/C & Non A/C rooms.
Both the restaurants have a Garden area.
Both the restaurants are located at prime locations.
Following are the details of the owned restaurant :-
Size - 1210 Sq Ft
Market value - Rs.7,00,00,000
Seating capacity - 150 people
Following are the details of the leased restaurant :-
Size - 1800 Sq Ft
Lease deposit - Rs. 12,00,000
Lease per month - Rs. 2,30,000
Lease duration -10 years
Seating Capacity - 200 people
Asking Price Includes
Owner is open to raising funds via either debt or via equity
Following are the details of raising funds via debt :-
Amount to be raised - Rs.1,10,00,000
Annual Interest rate - 12%
Collateral - Owned building which is worth Rs.7 crores will be provided as collateral
Lock in period - 5 years
Following are the details of raising funds via equity :-
Amount to be raised - Rs.1,50,00,000
Equity to be offered - 50% of the total equity
Reason
Owner had recently borrowed certain amount of funds in order to start his new restaurant which is on lease in the above mentioned description & They want to utilize the raised funds for paying off those borrowed funds.
Other Details
Owned restaurant's current average monthly sales is of Rs.1800000
Leased restaurant's current average monthly sales is of Rs.1200000
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
