↩ Go Back
Need help?

Apparel and Accessories Business Seeking Loan in Coimbatore, India

Funds sought by a Coimbatore-based contract manufacturer of apparel with domestic and international clients.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 120 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 12 %
Industries Apparel and Accessories
Locations  Coimbatore
Local Time 10:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 12.0% annual interest, 3 years (Native Currency: INR 25,000,000)
Reason: We urgently require working capital as most of our resources are being used to fulfill a single expo... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Manufacturer, wholesaler, and exporter of ready-made apparel.

- Apparel produced for men, women, and children.

- Our customers are clothing brands and we produce as per their requirements.

- We have a monthly production capability of 80,000 garment pieces.

- Domestic clientele includes Chromozome and French Connection.

- Export destinations include the USA, UK, and Dubai.

- Invoice-based payment system with all clients and there is virtually no delay in receiving payments.

- We received fewer orders last year due to the slowdown last year, but sales are back to normal levels now.

- The business is led by two equal partners and has a pending bank loan of INR 50 lakh.

Products & Services Overview

We manufacture apparel for men, kids, and ladies. We produce apparel like track pants, t-shirts, collar shirts, shorts, and sweat suits.

Assets Overview

Physical assets worth INR 50 lakh include over 80 sewing machines; numerous cutting tables and ironing tables.

Facilities Overview

Rented 6,000 sq. ft. production area with separate rooms for workers to stay as well.

We pay a monthly rent of INR 54,000 and have paid a deposit of INR 5 lakh for the space.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Chennai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more