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Apparel Wholesale Business Seeking Loan in New Delhi, India

Business specializing in branded surplus garment stock-lot and sells direct to customer and to retailers.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 254 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 25 %
Industries Apparel Wholesale
Locations  New Delhi
Local Time 7:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 236 thousand for 18.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: Need funds for working capital and business expansion. We are looking to purchase in larger quantiti... View More
Collateral Available: USD 0
Includes physical assets worth USD 118 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are in stock-lot business. We take surplus stocks directly from companies and sell them directly to customers as well to retailers.
- The garments are purchased directly from 15-20 brands such as Levis, Arrow, Pantaloons. We also purchase from various distributors and factories.
- We have a display store located in New Delhi where customers can walk in and purchase the garments.
- Receive an average of 45 daily walk-in customers.
- We also sell to 10-12 wholesalers and retailers.
Products & Services Overview
Branded surplus ready-made garments for men, women & kids such as - jeans, trouser, chino, shirts, t-shirts, shorts, sports wear and accessories.
Assets Overview
Inventory, furniture and interior setup of the outlet.
Facilities Overview
We are on a long term lease in an authorized industrial area in New Delhi. The property is approximately 8,000 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
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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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