Men's Apparel Store Seeking Loan in Agartala, India
Retail store selling men's wear is seeking a loan to further expand their business.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 800 - 900 thousand |
| Run Rate Sales | USD 880 thousand |
| EBITDA Margin | 6 % |
| Industries | Men's Apparel Stores |
| Locations | Agartala |
| Local Time | 3:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
117 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 10,000,000)
Reason: Funds are required for expansion of new store that will cover 5,000 sq. ft. area and will be for men...
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Collateral Available: USD 0
Includes physical assets worth
USD
117 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(74.0 KB)
Business Overview
- Our business is a men's wear retail store located in Agartala, Tripura.
- We are sourcing the ready made garments from our parent company that is into manufacturing of the same.
- On average, we see 60 to 70 visitors per day in our outlet out of which 80% are converted to paid orders.
- Company has an outstanding loan of INR 35 lakhs.
- The business has 3 directors with equal stake in the company.
- We are planning to set-up another store that will cover 5,000 sq. ft. area which will be on rented basis and have already identified the location. Plan on extending the new store to women's and children's clothing section as well.
- We project that the new store will generate a revenue of INR 5 crore per year.
- Promoter has an experience of 13 years in the same industry.
- Company is registered in Howrah but all our operations and retail stores are on in Agartala.
- We are sourcing the ready made garments from our parent company that is into manufacturing of the same.
- On average, we see 60 to 70 visitors per day in our outlet out of which 80% are converted to paid orders.
- Company has an outstanding loan of INR 35 lakhs.
- The business has 3 directors with equal stake in the company.
- We are planning to set-up another store that will cover 5,000 sq. ft. area which will be on rented basis and have already identified the location. Plan on extending the new store to women's and children's clothing section as well.
- We project that the new store will generate a revenue of INR 5 crore per year.
- Promoter has an experience of 13 years in the same industry.
- Company is registered in Howrah but all our operations and retail stores are on in Agartala.
Products & Services Overview
Complete range of men's wear is sold by our brand.
Assets Overview
Physical assets include laptops, interiors of the store as well the inventory.
Facilities Overview
4,500 sq. ft. of retail area, which includes 3 stores and 3 storied 2 stores and 1 store of 2 storied. The retail area is on rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Men's Clothing Store Seeking Loan in Agartala, India
·Men's Apparel Store Seeking Loan in Agartala, India
·Lend to Men's Clothing Store in Agartala, India
·Lend to Men's Apparel Store in Agartala, India
·Men's Clothing Store Seeking Loan
·Men's Apparel Store Seeking Loan
·Lend to Men's Clothing Store
·Lend to Men's Apparel Store
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