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Apparel Wholesale Business Seeking Loan in Bhiwandi, India

Ready made garment production and trading business seeks loan to better utilize existing installed capacity.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 37 thousand
Run Rate Sales USD 41 thousand
EBITDA Margin 10 %
Industries Apparel Wholesale + 1 more
Locations  Bhiwandi
Local Time 12:01 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 22.5 thousand for 14.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: Funds will be used to: - Hire more people and pay their salaries. - Add a couple of new machines t... View More
Collateral Available: USD 0
Includes physical assets worth USD 11.3 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Business involved in the manufacturing and wholesale trading of ready made garments.
- Engaged in both manufacturing and wholesale trading, specializing in a wide array of apparel including men's shirts, t-shirts, and boxers, alongside wholesale trading of ladies wear, jeans, jackets, and kids wear.
- High production potential with facilities capable of producing 6,000-7,000 shirts and 20,000-30,000 t-shirts monthly, though currently operating at 30% capacity only.
- Products distributed efficiently through established networks of distributors, selling to a broad spectrum of retailers and direct shopkeepers within key regions.
- Business will obtain GST and brand Trademark once it receives investment.
Products & Services Overview
We manufacture and trade men's shirt, t-shirt, jacket, jeans, ladies wear, and kids wear.
Right now we can produce men's t-shirt, shirts, and boxers. In the current season, the top selling products are boxers, and cotton t-shirts.
We also do wholesale trading of the ladies wear, jeans, jackets, and kids wear.
The products are sold through distributors and they sell the products to retailers across Maharashtra, Gujarat, and Rajasthan. We also sell directly to some shopkeepers in Bhiwandi.
Assets Overview
Tangible assets include the entire setup and machinery worth INR 10 lakh.
Facilities Overview
- Rented production unit and office in Bhiwandi.
- 8,000 sq. ft. built-up area.
- Monthly rent of INR 60,000.
Capitalization Overview
- No loans or debt at the moment.
- The business has a single owner who owns 100% of 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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