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Men's Apparel Store Seeking Loan in Udaipur, India

E-commerce website selling custom made clothing for men with plans of introducing a physical store.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 5 - 6 lakh
Run Rate Sales INR 12 lakh
EBITDA Margin 30 - 40 %
Industries Men's Apparel Stores + 1 more
Locations  Udaipur
Local Time 9:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 30 lakh for 10.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: Require funds for expanding and to finance the physical store that we are planning to open.
Collateral Available: INR 20 lakh
Includes physical assets worth INR 8 lakh
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
VAT
cst
cancelled cheque
Business Overview
- We are an eCommerce website that sell custom made clothing for men and have been operating since the past 6 years.
- Our sales have increased this year as we have gained many new users.
- Have tie-ups with a fabric partner who provides us materials for our final product.
- Operating out of our own production facility.
- Currently working on opening a physical store in Bapu Bazar, Udaipur. This is a popular clothing market.
Products & Services Overview
Custom made shirts, custom made chinos, ready to wear shirts, ready to wear chinos, personal tailoring service at doorstep, men's accessories.
Facilities Overview
Rented office in Bapu Bazar, Udaipur with built up area of 900 Sq. Ft.
Capitalization Overview
Not Disclosed
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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