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Accessories Business Seeking Loan in Mumbai, India

Bags & accessories manufacturer generating steady business and supplies to corporate clients and export houses.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin 25 %
Industries Accessories + 1 more
Locations  Mumbai
Local Time 4:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 12.0% annual interest, 2 years (Native Currency: INR 2,500,000)
Reason: To start importing better quality raw materials from other countries and to increase production.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Business Overview
- A bag and accessories manufacturing business started in 2011.
- Have our own manufacturing unit in Mumbai.
- We manufacture bags and accessories for men and women.
- Raw materials are procured from local suppliers.
- We have many corporate clients and export houses from whom we get regular business. Sell products on Amazon and also fulfil OEM orders for corporate clients.
- Currently have 20 corporate clients.
- Promoter is an MBA from Mumbai university and has worked in corporate world in client servicing and Product Manager roles.
Products & Services Overview
Backpack, tote bags, gym bags, accessories for men and women.
Facilities Overview
Our setup is 300 sq feet. and its a rented facility on 11 month agreement. We pay Rs 15K per month as a rent.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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