Men's Apparel Store Seeking Loan in Gurgaon, India
Men's ethnic wear brand with 2 retail stores in Gurugram and Delhi.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 290 thousand |
| Run Rate Sales | USD 416 thousand |
| EBITDA Margin | 20 % |
| Industries | Men's Apparel Stores |
| Locations | Gurgaon |
| Local Time | 1:39 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
58 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 5,000,000)
Reason: Funding is required in addition to the profits to increase the product line and number of branches.
...
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Collateral Available: USD 0
Includes physical assets worth
USD
346 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Store Interior Video
(10.2 MB)
ROC-Verification.pdf
(65.8 KB)
Business Overview
- Men's apparel brand with 2 stores in Gurugram and Delhi.
- The business manufactures 35% of its products in-house, with the remaining sourced from 20-25 suppliers.
- The in-house production capacity is 5 suits and 15 products overall per day.
- The primary products and services offered by the business include suits, kurta pyjamas, Sherwanis, Indo-western wear, and footwear.
- The average order value for the business is Rs 15,000, and we experience a daily average footfall of 15-20 customers across our retail stores.
- Currently, we exclusively sell the products through our retail stores and are looking to expand the distribution channels through an online presence.
- The business manufactures 35% of its products in-house, with the remaining sourced from 20-25 suppliers.
- The in-house production capacity is 5 suits and 15 products overall per day.
- The primary products and services offered by the business include suits, kurta pyjamas, Sherwanis, Indo-western wear, and footwear.
- The average order value for the business is Rs 15,000, and we experience a daily average footfall of 15-20 customers across our retail stores.
- Currently, we exclusively sell the products through our retail stores and are looking to expand the distribution channels through an online presence.
Products & Services Overview
We specialize in the sale of men's ethnic wear.Our top sellers are suits and kurta pyjama.
We also sell sherwani, indo western wear, and footwear.
Assets Overview
Inventory makes up most of the tangible assets and is currently valued at Rs 2.5 crores.Other tangible assets include:
Interiors.
Software.
Displays.
IT systems.
Mannequins.
Facilities Overview
We have rented 2 stores of approximately 2,000 sq ft in Gurgaon with a combined rent of Rs 5.11 Lakhs along with a 3-month deposit.We have a 200 sq ft manufacturing area within our store to produce our own products.
The stores are located in prime areas with one being a well-known shopping mall in Gurgaon and the other in Kamala Nagar Market, Delhi.
Capitalization Overview
Currently self-funded by 3 owners and no loans. Generating approx Rs 3 cr revenue.3 directors with 50%, 40%, and 10% split.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Newly Established Men's Clothing Store Seeking Loan in Gurgaon, India
·Newly Established Men's Apparel Store Seeking Loan in Gurgaon, India
·Lend to Newly Established Men's Clothing Store in Gurgaon, India
·Lend to Newly Established Men's Apparel Store in Gurgaon, India
·Newly Established Men's Clothing Store Seeking Loan
·Newly Established Men's Apparel Store Seeking Loan
·Lend to Newly Established Men's Clothing Store
·Lend to Newly Established Men's Apparel Store
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