Men's Apparel Store Seeking Loan in Patna, India
Established men’s apparel retail business in Patna, operating for 8 years, seeks funding for expansion.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 53 thousand |
| Run Rate Sales | USD 64 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Men's Apparel Stores |
| Locations | Patna |
| Local Time | 6:02 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16 thousand
for
8.0%
annual interest,
3
years
(Native Currency: INR 1,500,000)
Reason: Seeks funding to purchase additional stock and increase working capital.
Collateral Available: USD 0
Includes physical assets worth
USD
16 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Registration
(114.6 KB)
Business Overview
- Established men’s apparel retail business in Patna, Bihar, operating successfully for 8 years.
- Monthly turnover stands at around ₹5 lakh, with annual sales exceeding ₹50 lakh in the last financial year.
- The business operates through a retail store serving customers from across Bihar, providing a broad regional customer reach.
- Products are priced between ₹1,200 and ₹3,000, catering to a wide range of customers.
- Inventory is sourced from established suppliers across South India, China, and Taiwan, offering a diverse range of men’s apparel.
- Has GST registration.
- Monthly turnover stands at around ₹5 lakh, with annual sales exceeding ₹50 lakh in the last financial year.
- The business operates through a retail store serving customers from across Bihar, providing a broad regional customer reach.
- Products are priced between ₹1,200 and ₹3,000, catering to a wide range of customers.
- Inventory is sourced from established suppliers across South India, China, and Taiwan, offering a diverse range of men’s apparel.
- Has GST registration.
Products & Services Overview
Men’s apparel and footwear including shirts, T-shirts, jeans, trousers, and shoes, sold through the retail store to customers across Bihar.
Assets Overview
Physical assets: Existing inventory/stock of men’s apparel and footwear.Intangible assets: Established customer base, supplier relationships and brand goodwill.
Facilities Overview
Operating from a rented retail store in Patna. Rent is INR 10k/month.
Capitalization Overview
Self-funded.No loans on the company.
Sole proprietorship.
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