Bakery & Restaurant Business Raising Funds In Patna
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Product / Service
They offer a wide range of services including sweets, bakery items, snacks, a restaurant, an unlimited buffet with over 75 dishes priced at INR 399, and a banquet hall for events.
Clientele type
They cater to everyone, from those looking to enjoy sweets, to guests seeking a buffet experience, and those hosting parties or marriage functions in the banquet hall.
Premises
They are currently looking for a new location to expand their operations.
Asking Price Includes
They are seeking funds through debt financing, offering a 1-2% monthly interest rate.
Reason
The promoter seeks to expand their business into different cities and requires funding to establish a factory, strengthen production, and enhance logistics operations.
Other Details
They started this business in 2022 in Mithapur, Bihar, with a 10,000 sqft facility offering sweets, bakery items, snacks, a restaurant, and an unlimited buffet. In just 2.5 years, they have expanded to over 10 outlets across Bihar.
Now, they plan to expand across all districts in India, tapping into the massive industry potential.
The Indian sweets market, valued at INR 6,229 crores in 2023, is projected to grow to INR 25,970 crores by 2032. Similarly, the Indian restaurant market was valued at $1.37 billion in 2022 and is expected to grow to $2.75 billion by 2030. They are seeking funds to develop their manufacturing unit to meet growing demand.
Business Tags
₹10 to ₹200 Cr
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