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Apparel Store Seeking Loan in Palakkad, India

Family apparel store operating with 2 outlets and planning to start a third store.

Established From

Employees

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Reported Sales

Run Rate Sales

EBITDA Margin

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Status

6.3 / 10

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Seeking Loan

USD 33 thousand for 11.0% annual interest, 6 years (Native Currency: INR 2,500,000)

Reason: To open a third outlet on 1,500 sq ft area.

Collateral Available: USD 0

Includes physical assets worth USD 66 thousand

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Business Overview

It's a family apparel store that sells apparels for men, women and kids. We are operating with 2 outlets and each outlet receives 80+ footfalls on a daily basis. Have tie-ups with 60 suppliers from Mumbai, Bangalore, Ahmedabad and locally to source apparel.

Seeking funds to open a third outlet which will be 20 kms away from the current outlets. We have identified the location but are yet to enter into rental agreement with the property owner. This outlet will be 1,500 sq ft near residential and office area.

Owner of the firm has 20+ years of experience in retail business. Business owned assets include stocks, furniture and billing machines at 2 stores.

Products & Services Overview

Formal & casual shirts, pants, dress, t-shirts for men, women and kids.

Facilities Overview

Recent Activity

Earlier than 15 days

Founder, Mumbai, Financial Consultant connected with this business

Tags:

Clothing Store Seeking Loan in Palakkad, India

Apparel Store Seeking Loan in Palakkad, India

Lend to Clothing Store in Palakkad, India

Lend to Apparel Store in Palakkad, India

Clothing Store Seeking Loan

Apparel Store Seeking Loan

Lend to Clothing Store

Lend to Apparel Store

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Apparel Store Seeking Loan in Palakkad, India

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