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Leather Goods Business Seeking Loan in Bangarapet, India

Leather & non-leather fashion accessories manufacturer supplying to companies Landmark Group and Tommy Hilfiger.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 650 thousand
EBITDA Margin 10 - 20 %
Industries Leather Goods + 1 more
Locations  Bangarapet
Local Time 7:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 12.0% annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: Business expansion in other states and to fund working capital requirement for orders in hand.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 240 thousand
Documents
GST ID
Business Overview

- Manufacturers of leather & non-leather fashion accessories and operating since 2016.

- We are OEM supplier for brands like Aditya Birla Fashion & Retail, Landmark Group & Tommy Hilfiger.

- Promoters are from the same industry and have more than two decades of expertise.

- Our manufacturing capacity is 50K belts, 15K wallets and 15K travel bags monthly.

- Excellent business relationship with corporate and buying houses.

Products & Services Overview

Belts, Wallets, Bags, & Travel accessories.

Facilities Overview

6,000 sqft rented facility on a single floor building with huge land availability for expansion.

Capitalization Overview
Not Disclosed
Recent Activity
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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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