Bag Retailer Seeking Loan in Ooty, India
Established | 10-20 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 6 - 7 thousand |
Run Rate Sales | USD 11 thousand |
EBITDA Margin | 0 - 10 % |
Industries | Bag Retailers |
Locations | Ooty |
Local Time | 4:56 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The business purchases bags from wholesalers and modifies them for resale, ensuring variety and diversity in the product lineup.
- Operating for eight years, the business has built a strong reputation for quality and customization within the hometown community.
- Apart from retailing bags, during festive seasons and marriage functions the business fulfills large orders for sarees and other apparels as well, leveraging increased demand.
- The business owns a heavy-load vehicle primarily used for its own operations; however, it is also rented out to other businesses, generating an additional revenue stream.
- The sole proprietor is sometimes aided by their spouse in the business operations.
- The business has a GST certificate.
There is a loan of INR 1 lakh on the vehicle used to run the business.
Sole proprietorship business.