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Ethical Clothing Business Seeking Loan in Guwahati, India

Ethnic products and traditional food whole-seller seeking loan for opening new store.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 10 - 20 %
Industries Ethical Clothing + 1 more
Locations  Guwahati
Local Time 11:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: For working capital and to buy physical assets to set up new store and grow.
Collateral Available: USD 0
Includes physical assets worth USD 3.6 thousand
Business Overview

It's a new concept of selling and distributing all local and ethnic products of North East India. We are a startup and already distributing to 4 customized outlets in Guwahati and now constructing our own permanent ethnic hub in Latashil, Guwahati. Response from consumers is very good. Planning to expand supplying these products to 100 outlets in the next 2 years.

Products & Services Overview

All types of local indigenous rice (over 300 types), snacks, ethnic attires, tribal dress, hand looms, books, handicrafts and art items by local producers / artists of North East India.

Facilities Overview

Rental floor of 1,000 Sq Ft.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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