Apparel Store Seeking Loan in Noida, India
Men's apparel store in Noida, looking to expand in the eCommerce space.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 22.3 thousand |
| Run Rate Sales | USD 16.8 thousand |
| EBITDA Margin | 35 % |
| Industries | Apparel Stores |
| Locations | Noida |
| Local Time | 6:53 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
33.5 thousand
for
8.0%
annual interest,
6
years
(Native Currency: INR 3,000,000)
Reason: Of the above said value of 30 lacs.
12 lacs or 40% will be used to pay of debt.
4 lacs to be used ...
View More
Collateral Available: USD 0
Interested to connect with advisors
Business Overview
- We are a men's apparel store in Noida, with a loyal customer base.
- 500 customers and expected to double by Diwali which will lead to better sales and profits.
- Currently the only marketing is being done is through Whatsapp.
- The location of the store is ideal as it is bang opposite the metro station.
- The store witnesses an average footfall of around 200 customers per month with their average purchases being around Rupees 1000 to 1500.
- The owner wants to take the business to an online presence and pay off the accumulated debt.
- 500 customers and expected to double by Diwali which will lead to better sales and profits.
- Currently the only marketing is being done is through Whatsapp.
- The location of the store is ideal as it is bang opposite the metro station.
- The store witnesses an average footfall of around 200 customers per month with their average purchases being around Rupees 1000 to 1500.
- The owner wants to take the business to an online presence and pay off the accumulated debt.
Products & Services Overview
We cater to mens clothing.1. Denims.
2. Trousers.
3. Shirts.
4. Accessories.
Facilities Overview
Area of operations 125 sq ft.In heart of market.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, New Delhi, Financial Advisor connected with the Business
-
Earlier than 15 daysIndependent Advisor, Delhi, 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
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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