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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 27 thousand
Run Rate Sales USD 20 thousand
EBITDA Margin 35 %
Industries Apparel Stores
Locations  Noida
Local Time 9:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 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
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Business Name
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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.

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.

Recent Activity
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with the Business
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with the Business
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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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