Bag Retailer Seeking Loan in Chennai, India

Chennai based travel & school bag manufacturers having corporate clients and also sells on e-commerce portals.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 800 thousand
EBITDA Margin 30 %
Industries Bag Retailers
Locations  Chennai
Local Time 5:16 AM Tiruvallur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Business expansion in other states.
Collateral Available: USD 140 thousand
Includes physical assets worth USD 270 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Business is operating since 2008 and involved in the manufacturing of laptop bags, school bags and travel bags under our own brand name.

- On a monthly basis, we manufacture up to 75K bags.

- We supply to more than 300 corporates with their brand or logo printed on the bags.

- Few of our corporate clients are Infosys, Dr. Reddy's, Microsoft, Pepsi, Cognizant, Yahoo and Ramco.

- Our company had supplied 24 Lakh school bags to govt departments.

- We also sell our products on popular e-commerce websites like Amazon, Flipkart and Myntra.

- Offline business generates more revenue when compared to our e-commerce sales.

- This year revenue has been decreased due to fewer orders from corporate clients.

Products & Services Overview

Laptop, School & Travel Bags.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with this business
  • Earlier than 15 days
    M&A Deal Advisor, Mumbai, M&A Advisor connected with this business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with this 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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