Profitable Apparel Wholesale Business Seeking Loan in Vijayawada, India
Traders and suppliers of corporate gifting apparel having over 240 B2B clients in South India.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 29.5 thousand |
| Run Rate Sales | USD 71 thousand |
| EBITDA Margin | 29 % |
| Industries | Apparel Wholesale |
| Locations | Vijayawada |
| Local Time | 8:03 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
236 thousand
for
10.0%
annual interest,
6
years
(Native Currency: INR 20,000,000)
Reason: Require funding to setup a factory and expand the business. Also, have huge orders in hand that need...
View More
Collateral Available: USD 590 thousand
Includes physical assets worth
USD
11.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- We are traders and suppliers of knitted customised apparel.
- Our business is into corporate gifting and only includes apparel with company logos.
- Have over 240 major corporate clients in South India whom we acquired through agents.
- Some of the major industries we supply to includes cement, liquor and IT.
- We also do a few export orders to the Middle East.
- We do not have our own manufacturing unit and have vendors in Mumbai and Tirupur.
- Require funding to start our own factory to manufacture products.
- Promoter has over 20 years of business experience in the garment industry.
- Our business is into corporate gifting and only includes apparel with company logos.
- Have over 240 major corporate clients in South India whom we acquired through agents.
- Some of the major industries we supply to includes cement, liquor and IT.
- We also do a few export orders to the Middle East.
- We do not have our own manufacturing unit and have vendors in Mumbai and Tirupur.
- Require funding to start our own factory to manufacture products.
- Promoter has over 20 years of business experience in the garment industry.
Products & Services Overview
Men's and women's wear with corporate logos.
Facilities Overview
Rented 1,600 Sq Ft facility on the 5th floor.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsultant, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, F&B, Thái Bình, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Pharma Manufacturing, Hyderabad, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses