Men's Apparel Store Seeking Loan in Kolkata, India

Business selling men's shirts through Amazon and Flipkart, seeks funding for managing orders.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 40 thousand
EBITDA Margin
15 %
Industries
Men's Clothing + 1 more
Locations
Local Time
5:20 PM West Bengal
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 2.6 thousand for 12.0% annual interest, 2 years (Native Currency: INR 200,000)
Reason: To manage stock requirement.
Collateral Available: USD 0
Includes physical assets worth USD 2 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

It's a sole proprietary business that sells men's shirts through Amazon and Flipkart. We outsource the manufacturing process to 2 manufacturers for formal and casual shirts respectively and its manufactured under our brand name. On a monthly basis, we sell about 100+ shirts and 90% of orders are fulfilled through Amazon. Have a small warehouse at home to keep stocks. After receiving orders, Amazon's & Flipkart's delivery executive picks up the order from our facility. Have a payment receivable period of 15 days with Amazon.

Products & Services Overview

Formal and casual men's shirt.

Facilities Overview
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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