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Bag Retailer Seeking Loan in Jalandhar, India

27K square feet retail store for fashion apparels, accessories & home decor products.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1.74 million
Run Rate Sales USD 1.04 million
EBITDA Margin 5 %
Industries Bag Retailers + 1 more
Locations  Jalandhar
Local Time 4:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 32.6 thousand for 12.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: Adding more stock in store to generate more sale.
Collateral Available: USD 0
Includes physical assets worth USD 1.09 million
Interested to connect with advisors
Documents
Business Overview
• Company is registered in New Delhi and has a showroom in Jalandhar.
• We are one of the largest shops in Jalandhar selling apparel, footwear, bags for men, women, kids and home decor products.
• The product ranges from national brands, imported stock, fashion labels and in-house brands.
• We receive an average of 500 walk-ins per day.
• Have a database of 50,000 customers who have shopped with us.
• We have a strong digital marketing team who brings the crowd of Jalandhar to the store.
• All software used within the organization is made in-house by our software developers and highly adaptable to customization as per business needs.
• Facility is located in one of the prominent areas of Jalandhar.
• Director of the company has corporate experience working in IBM and TCS. He has standardized the operational efficiency of the store.
• Company COO has around 35 years of experience in the retail industry.
• We want to add more brands and attractive items in the 8 prominent categories and would like to start pre-booking, flash sale and B2B for some specific on-demand items.
• Want to open more stores in tier 2 and tier 3 cities of northern states.
• Business owns in-house brands, software, furniture, interiors, ACs and product inventory.
Products & Services Overview
Footwear, bags, luggage, home decor, furniture, men, women and kids apparel including western, ethnic and winter wear.
In-house brand - 22 in Women section, 14 in kids section and 8 in accessories.
Assets Overview
Store interior, AC, computers, lights, stock, accelerator.
Facilities Overview
27,000 sq ft built-up area spread across 4 floors on the stand-alone rental building.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    MD, Civil Contractors, Delhi, Corporate Investor / Buyer connected with the Business
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7 Investors already contacted this Business. Register below to connect now!
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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