Footwear Store Seeking Loan in Chittagong, Bangladesh
Business Loan: Company that sells a broad range of branded sneakers for men & women.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 8.2 thousand |
| Run Rate Sales | USD 14.8 thousand |
| EBITDA Margin | 35 % |
| Industries | Footwear Stores |
| Locations | Chittagong |
| Local Time | 2:15 AM Asia / Dhaka |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
41 thousand
for
8.0%
annual interest,
10
years
(Native Currency: BDT 5,000,000)
Reason: The proceeds from the investment will be used for:
- Opening our own retail store in Chittagong, Ba...
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Collateral Available: USD 0
Includes physical assets worth
USD
14.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Our business is essentially a specialised footwear store that offers a broad range of branded sneakers for men & women. We do not have any physical retail location yet.
- We do not manufacture any of the sneakers and none of our products is under our own brand name.
- We have a network of 30 suppliers in China from whom we purchase our products and then further sell them by adding a percentage margin.
- We deal in 100 percent original, high-graded copies, and first copies of multiple sneakers. A few brands include Adidas, Nike, Reebok, Yeezy, Puma, Louis Vuitton, Gucci, etc.
- We sell our products through Facebook & Instagram only. We receive about 50 to 60 orders every month. 60 percent of the orders are for our original products. This is the only channel for our company's revenue.
- Our official website along with Android & iOS mobile applications are currently under development.
- The business is extremely valuable due to our niche business activities, and the growth potential in Bangladesh's market.
- Our business is entirely debt-free with no outstanding business loans, defaults, or overdue.
- The company has two directors and each has an equal 50 percent ownership. There are no outside investors or shareholders.
- We do not manufacture any of the sneakers and none of our products is under our own brand name.
- We have a network of 30 suppliers in China from whom we purchase our products and then further sell them by adding a percentage margin.
- We deal in 100 percent original, high-graded copies, and first copies of multiple sneakers. A few brands include Adidas, Nike, Reebok, Yeezy, Puma, Louis Vuitton, Gucci, etc.
- We sell our products through Facebook & Instagram only. We receive about 50 to 60 orders every month. 60 percent of the orders are for our original products. This is the only channel for our company's revenue.
- Our official website along with Android & iOS mobile applications are currently under development.
- The business is extremely valuable due to our niche business activities, and the growth potential in Bangladesh's market.
- Our business is entirely debt-free with no outstanding business loans, defaults, or overdue.
- The company has two directors and each has an equal 50 percent ownership. There are no outside investors or shareholders.
Products & Services Overview
Our company sells sneakers for men & women for a variety of needs:- Casual wear.
- Running, fitness, and training.
- Formal wear.
- On-the-go sneakers.
- Night-club & party wear.
Assets Overview
Physical assets include: Inventory of about 300 pairs of shoes, interior fittings & furniture, laptops, and other tech hardware.
Facilities Overview
The business runs operations from a rented facility spread across 500 sq. ft. in Chittagong, Bangladesh.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysRelationship Officer, Assistant Officer, Chittagong, Individual Investor / Buyer connected with the Business
Tags:
Footwear Store Seeking Loan in Chittagong, Bangladesh
·Shoe Store Seeking Loan in Chittagong, Bangladesh
·Lend to Footwear Store in Chittagong, Bangladesh
·Lend to Shoe Store in Chittagong, Bangladesh
·Footwear Store Seeking Loan
·Shoe Store Seeking Loan
·Lend to Footwear Store
·Lend to Shoe Store
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