Need help?

Leather Goods Startup Seeking Loan in Kolkata, India

Kolkata-based award-winning handmade leather goods brand seeking loan for expansion and machinery upgrade.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 30 - 40 %
Industries Leather Goods + 1 more
Locations  Kolkata
Local Time 11:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.7 thousand for 24.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: We are seeking a business loan to expand sales and acquire new machinery. Despite generating a heal... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business is a manufacturer of high-quality handmade leather and allied products, operating mainly in the apparel industry in Kolkata.
- With 10 skilled employees, the company has established a solid team dedicated to producing exceptional leather goods and accessories.
- The business model features a high revenue growth rate with sustainable profits, driven by a mix of online and offline sales strategies.
- Approximately 70% of sales are derived from digital platforms, primarily through an active Instagram page, highlighting the importance of social media in their marketing strategy.
- The average order value ranges between INR 2000 to INR 2500, attracting a diverse customer base eager for unique leather products.
- The business has a monthly production capacity of 1000 units, consistently manufacturing 5-7 distinct bags and accessories each day.
- We also manufacture some of our products from the 3rd party manufacturers.
- The employee count may appear high, but the business requires 10 staff members to handle designing, tailoring, and manufacturing operations.
Products & Services Overview
We manufacture leather bags and accessories designed for women to carry their belongings.
Assets Overview
Tangible assets: Machinery and inventory.
Intangible assets: Udyam Registration Certificate.
Facilities Overview
Operating from a self-owned 5,000 sq. ft. design lab and manufacturing unit, which is not included in the transaction and therefore excluded from the stated physical asset value.
Capitalization Overview
Debt-free business, fully self-funded by the owner with no loans.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
12 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more