Gifting Business Seeking Loan in Montego Bay, Jamaica
Tourist souvenir store offering clothing/gifts, serving visitors and benefiting from upcoming winter tourism activity.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 336 thousand |
| Run Rate Sales | USD 144 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Gifting + 1 more |
| Locations | Montego Bay |
| Local Time | 10:56 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
30 thousand
for
8.5%
annual interest,
5
years
(Native Currency: USD 30,000)
Reason: Seeking a loan to support recovery and growth. Following the recent hurricane, goods were destroyed,...
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Collateral Available: USD 0
Includes physical assets worth
USD
50 thousand
Interested in connecting with advisors
Name, Phone, Email
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Business Name
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Business Overview
- Souvenir store offering clothing and gift items for tourists purchasing products for friends and family.
- Product range includes T-shirts, leggings, jackets, caps and coffee mugs.
- Currently receives up to approximately 20 walk-in customers per day.
- Sales have recently declined due to hurricane-related disruption and the seasonal slowdown.
- The upcoming winter season is expected to bring increased tourist activity, with hotels reopening after hurricane-related closures and the cruise ship season resuming.
- Holds a business license.
- Product range includes T-shirts, leggings, jackets, caps and coffee mugs.
- Currently receives up to approximately 20 walk-in customers per day.
- Sales have recently declined due to hurricane-related disruption and the seasonal slowdown.
- The upcoming winter season is expected to bring increased tourist activity, with hotels reopening after hurricane-related closures and the cruise ship season resuming.
- Holds a business license.
Products & Services Overview
Tourist souvenirs and clothing, including T-shirts, leggings, jackets, caps and coffee mugs, serving visiting tourists and gift buyers.
Assets Overview
Tangible assets include stock along with store fixtures and fittings.These assets are crucial for operations and cannot be liquidated.
Facilities Overview
The store is located in a prime area, offering a single‑level flat layout with no stairs for easy customer access. The premises measure approximately 1,000 sq ft and operate on a monthly rental basis.
Capitalization Overview
The business is a sole proprietorship, fully owned by the promoter. It has been funded entirely through personal savings since inception.Accounts payable to suppliers stand at USD 15,000.
Tags:
Gifting Business Seeking Loan in Montego Bay, Jamaica
·Clothing Store Seeking Loan in Montego Bay, Jamaica
·Apparel Store Seeking Loan in Montego Bay, Jamaica
·Lend to Gifting Business in Montego Bay, Jamaica
·Lend to Clothing Store in Montego Bay, Jamaica
·Lend to Apparel Store in Montego Bay, Jamaica
·Gifting Business Seeking Loan
·Clothing Store Seeking Loan
·Apparel Store Seeking Loan
·Lend to Gifting Business
·Lend to Clothing Store
·Lend to Apparel Store
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