Need help?

Apparel Store Seeking Loan in Kingston, Jamaica

Pre-revenue online sportswear store seeking capital to launch e-commerce operations through third-party manufacturing.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Apparel Stores + 1 more
Locations  Kingston
Local Time 1:59 PM America / Jamaica
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 25 thousand for 10.0% annual interest, 3 years (Native Currency: JMD 4,000,000)
Reason: The loan will be used to launch the e-commerce business, procure initial inventory, support marketin... View More
Collateral Available: USD 0
Includes physical assets worth USD 12.6 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Business Overview
• Pre-revenue e-commerce startup focused on sportswear and online clothing for men and women.
• The business plans to offer sportswear and activewear for athletes, fitness enthusiasts, and other active customers.
• Customers will be able to place orders online and either collect them from a convenient pickup location or receive doorstep delivery as the delivery network expands.
• Products will be sourced through third-party manufacturers, allowing the business to operate without its own manufacturing facility.
• The business is currently pre-revenue and plans to commence operations once the required capital is raised.
• The store will operate entirely online, with current customer pickups planned through the nearest Knutsford location.
Products & Services Overview
Sportswear and activewear for men and women, targeting athletes, fitness enthusiasts, and customers with active lifestyles.
Assets Overview
Tangible assets:
- Inventory.
Intangible assets:
- Website.
Facilities Overview
Inventory is currently stored at the owner's residence and will support fulfilment once operations commence.
Capitalization Overview
This business is currently a sole proprietor with no outstanding loans or debts. The business is currently being funded through proprietor's personal investment.
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
9 Investors viewed this Business this week. 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

    Chat with Us
    Welcome to SMERGERS