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Men's Apparel Store Seeking Loan in Cuttack, India

Business loan required to scale men's streetwear brand and diversify product selection.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 59 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 20 %
Industries Men's Apparel Stores
Locations  Cuttack
Local Time 6:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 82 thousand for 10.0% annual interest, 5 years (Native Currency: INR 7,000,000)
Reason: We are seeking funding to scale our business and strategically diversify our product portfolio. This... View More
Collateral Available: USD 0
Includes physical assets worth USD 59 thousand
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Business Overview
- Established business in the thriving men's apparel industry, strategically located in Cuttack.
- Focused on men's streetwear apparel, a dominant segment driving brand identity and consumer appeal.
- Major sales channel through Myntra, complemented by a proprietary e-commerce website to enhance reach and sales.
- Benefits from outsourcing manufacturing, allowing for scalability and cost efficiency.
- We expect sales to increase significantly later this year as we capitalize on seasonal demand and market trends.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring compliance and legitimacy in operations.
- Positioned to capture growth in the expanding men's fashion market, with a focus on quality and trendy designs.
Products & Services Overview
The business's top-selling products are men's streetwear apparel, which has become a core part of our brand's identity and appeal.
We sell the products major through Myntra and we also have our own website.
Assets Overview
Tangible assets: stock worth INR 50 lakh.
Facilities Overview
Operates from an owned office cum warehouse.
Capitalization Overview
No loans.
The business has 2 shareholders - 90/10 stakes.
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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