Apparel and Accessories Business Seeking Loan in Coimbatore, India
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 |
- 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.
We manufacture apparel for men, kids, and ladies. We produce apparel like track pants, t-shirts, collar shirts, shorts, and sweat suits.
Physical assets worth INR 50 lakh include over 80 sewing machines; numerous cutting tables and ironing tables.
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.
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Partner, Chennai, Financial Consultant connected with the Business