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Apparel Wholesale Business Seeking Loan in Imphal, India

Imphal based apparel and footwear wholesaler and retailer seeking capital to acquire more inventory and expand operations.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 21 %
Industries Apparel Wholesale + 1 more
Locations  Imphal
Local Time 9:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 21.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: Due to strong demand, the business has decided to expand operations by focusing on home delivery and... View More
Collateral Available: USD 11 thousand
Includes physical assets worth USD 11 thousand
Name, Phone, Email
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Business Name
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Business Overview

- Engaged in the wholesale and retail sale of both apparel and footwear for men, women and children.

- 70% of our revenue comes from wholesale operations and the remaining from retail sale.

- 60% of our revenue comes from the sale of apparel and the remaining comes from the sale of footwear.

- 70% of our footwear and apparel catalogue is for men.

- We sell both traditional and western apparel.

- The products we sell are affordable and targeted towards the middle income group.

- Source finished apparel from 35+ local suppliers.

- We distribute to 11+ retailers most of whom are from rural areas.

- Maintain a retail showroom in a commercial area right off the NH 115 which receives around 35 to 90 people every day.

- The business has strong cashflows as all customers pay cash upfront.

- Despite the pandemic, our sales have increased as we started selling through local WhatsApp group and offered home delivery services.

Products & Services Overview

Gents formal shirts and T-shirts, formal trousers, denim pants, rain jackets, winter jackets, innerwear for men, women and children, women's T-shirts, children's clothes, running shoes, casual shoes, formal shoes, slippers, and training shoes.

Assets Overview

Display case units, 2 air conditoners, 1 room cooler, 4 computers, and 4 printers.

Facilities Overview

Rent a 2-floor building at a monthly lease rent of INR 15,000 per month. Each floor spans 1,100 sq. ft. The facility serves as the retail outlet, office, and warehouse.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Coimbatore, Financial Consultant 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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