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Apparel Wholesale Company Seeking Loan in Bangalore, India

Seeks Loan: Western wear for modern women's D2C brand.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 220 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 15 %
Industries Apparel Wholesale + 1 more
Locations  Bangalore
Local Time 4:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: The business is seeking loans for branding, D2C expansion, marketing, and team hiring.
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
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Business Overview

The company was registered in 4 years back and just 3 years back we opened our first retail showroom.

Our brand specializes in designing custom printed fabric and novel designs for modern women's western wear, aiming to fill the gap in this sector.

- We have experienced significant growth year over year, with revenues of INR 34 lakh the before the pandemic and INR 75 lakh in the next financial year, and currently, we have achieved INR 1.8 crore in the current financial year.

- Our revenue streams come from our retail showroom, direct-to-consumer (D2C) online sales, and business-to-business (B2B) transactions.

Products & Services Overview

Western wear, Ethnic wear, Innerwear and accessories.

Assets Overview

In addition to physical assets such as furniture, apparel, and raw materials, we also possess digital assets including our website, systems, and software. Our current stock and inventory are valued at INR 55 lakh, contributing significantly to our overall asset base.

Facilities Overview

Rented store with an area of 1,600 sqft with a monthly rent of INR 45,000 and a rental deposit of INR 4,50,000. We are located in Nagarbhavi, Bangalore.

Capitalization Overview

The company was initially started with a bootstrap amount by two directors. One director holds 60% while the other director holds 40%. In addition to this, we have also taken a bank loan of INR 30 lakh to support our growth. As we move forward, we are working towards raising additional funding to accelerate our growth. We have a clear roadmap and vision for the future of our company, and we are committed to realizing our goals.

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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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