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Children Clothing Business Seeking Loan in Tumkur, India

Job works clothing manufacturer of casual and formal shirts for men and kids seeks loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 20 %
Industries Children Clothing + 1 more
Locations  Tumkur
Local Time 11:56 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 22.0% annual interest, 2 years (Native Currency: INR 1,600,000)
Reason: Require funds to launch our own brand of clothing. Funds will be used for sourcing fabric, marketing... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Company is a job works manufacturer for domestic clothing brands based in Bangalore.

- Our manufacturing unit is based in Tumkur and has a maximum production capacity of 15,000 pieces per month working on an 8-10 hour shift.

- We source the fabrics from local suppliers and provide contract manufacturing for 6+ domestic brands.

- We are planning to launch our own brand of clothing which will be sold through distributors across Karnataka.

- The promoter has over 5 years of experience in the apparel manufacturing industry and his father has over 35+ years of industry experience.

- Business does not have any previous liabilities.

Products & Services Overview

Job works manufacturing - casual menswear and kids clothing.

Assets Overview

Clothing manufacturing machinery worth INR 15 lakh, and stock worth INR 5 lakh.

Facilities Overview

Personal property of 1,200 sqft used as manufacturing unit, located in Tumkur.

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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