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Industrial Clothing Business Seeking Loan in Visakhapatnam, India

Garment business in Visakhapatnam manufacturing uniforms with 30-35 clients seeks funds for retail sales.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 28 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 15 %
Industries Industrial Clothing
Locations  Visakhapatnam
Local Time 2:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23.4 thousand for 10.0% annual interest, 6 years (Native Currency: INR 2,000,000)
Reason: Retail store development to attract more cash and walk-in customers. We will start with one retail ... View More
Collateral Available: USD 117 thousand
Includes physical assets worth USD 7 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Established industrial clothing business in Visakhapatnam specializing in the manufacture of uniforms for diverse sectors including education, hospitality, healthcare, and industry.
- Serving a client base of 30-35 consistent clients, reflecting strong market presence and customer trust in uniform manufacturing.
- Daily production capacity stands at 80-100 finished uniform pieces, showcasing operational efficiency and capability.
- Production processes include outsourcing during peak periods to manage increased demand, ensuring timely fulfilment of large orders.
- The business is seeking funds to set-up a retail store, aiming to expand its market reach and leverage existing manufacturing strengths.
- Customization capability to tailor uniforms per specific client requirements, enhancing value and fostering long-term customer relationships.
- Target clients include colleges, hotels, hospitals, factories, and multinational corporations, highlighting the business's versatility and adaptability to diverse industries.
Products & Services Overview
Manufacturer of uniforms for schools, colleges, hospitals, hotels and industries. Custom tailored as per clients' requirements.
Assets Overview
Working instruments, sewing machines, cloth materials and workstations.
Facilities Overview
Facility has a workshop, production space, finished goods unit.
Rented area is around 1,000 sq ft.
Capitalization Overview
Self funding business.
Zero loans or liabilities.
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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