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Apparel and Accessories Business Seeking Loan in Bangalore, India

Bangalore based business manufacturing and selling uniforms to 3 educational institutions and 4 companies.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 10 - 20 %
Industries Apparel and Accessories
Locations  Bangalore
Local Time 6:06 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 15.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: To increase our production rate and sell to more educational institutions and companies.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
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Company Profile
Business Overview

- Have a manufacturing unit in Bangalore with a maximum production capacity of 800 uniform pieces per day. Producing at 300 pieces per day.

- We have partnered with 4 companies and 3 educational institutions to sell the products directly to the end consumer. Products are not sold to the company / school / college, but directly to the employee / student / parent.

- We set up shop within the school / college campus and company office where the end user can purchase directly from us.

- Have a customer base of 35,000 students across multiple schools and colleges.

- Physical assets include inventory, machines and office setup.

Products & Services Overview

Manufacturing and selling school, college and company uniforms and accessories.

Facilities Overview

Manufacturing unit has an area of 2,000 Sq. Ft.

Office has an area of 300 Sq. Ft.

Warehouse has an area of 500 Sq. Ft.

All properties are rented and located in Bangalore. We intend to have a company owned manufacturing unit in the future.

Capitalization Overview
Not Disclosed
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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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