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Apparel and Accessories Business Seeking Loan in Chennai, India

Clothing brand that designs unique geometry-based clothing seeks funding to expand the product line.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 3.6 thousand
EBITDA Margin 20 %
Industries Apparel and Accessories
Locations  Chennai
Local Time 3:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 12.0% annual interest, 8 years (Native Currency: INR 3,000,000)
Reason: Seeking funds to expand the product line and for working capital.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 9 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Business is a clothing brand that designs and manufactures geometry-based clothing for men and women. Currently, we only design and manufacture T-shirts and tops.

- Our brand aims to set a global presence by catering to different cultures and embracing their traditions.

- We design our clothing with 3 artists and outsource the manufacturing process to a third-part manufacturer in Tirupur. The procurement of fabrics is also carried out by the manufacturer since different designs require a specific type of printing.

- Products are sold through eCommerce platforms such as Amazon and Flipkart. Also, we have our own eCommerce platform but have not marketed or promoted the brand yet.

- Revenue Split: Amazon generates 60% of our revenue, Flipkart generates 35% of our revenue, and the rest is from our own eCommerce platform.

- Have a good online presence on Facebook (1,300+ likes) and Instagram (500+ followers).

- We are seeking funds to expand the product line by selling headwear, footwear, wallets, sunglasses, watches, ornaments, and bags, just to name a very few.

- Business owned assets include the stock.

Products & Services Overview

Own branded t-shirts and tops for men and women.

Facilities Overview

We do not have a physical presence at the moment and the products are stocked at our residence.

Capitalization Overview
Not Disclosed
Recent Activity
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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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