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Men's Apparel Store Seeking Loan in Virginia City, USA

Men's apparel manufacturing business blending American styles with Indian culture, creating unique fusion street fashion.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Public Limited Company
Reported Sales USD 4.4 thousand
Run Rate Sales USD 5.5 thousand
EBITDA Margin 40 %
Industries Men's Apparel Stores + 1 more
Locations  Visakhapatnam + 1 more
Local Time 8:57 PM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: We plan to open a retail store and are actively looking to expand our B2C presence through our physi... View More
Collateral Available: USD 23 thousand
Includes physical assets worth USD 14 thousand
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Business Overview
- Unique market position: Blending US styles with Indian cultural elements, tapping into the growing demand for street wear fashion with a dual presence in Virginia and India.
- Innovative business model: Utilizes drop shipping and introduces new editions bi-weekly, maintaining a fresh and dynamic product line for its customer base.
- Manufacturing capacity: Capable of producing 50-60 T-shirts per month, focusing on quality over quantity, while outsourcing jeans and shirt production to optimize resources.
- B2B and B2C expansion: Established contracts with major B2B clients in the US and aiming to expand B2C operations in India, leveraging partnerships with platforms like Flipkart for wider reach.
- Lean operational model: Employs four skilled employees to efficiently manage manufacturing and in-house social media marketing, ensuring streamlined operations and brand visibility.
- Revenue streams: Generates 20% of revenue through its own e-commerce platform and 80% via local markets through WhatsApp orders, illustrating a robust multi-channel sales strategy.
- Strategic market entry: Recent entry into the Indian market presents a significant growth opportunity, supported by a social media presence designed in-house to enhance brand visibility and customer engagement.
Products & Services Overview
We offer a diverse range of men's apparel products, including oversized T-shirts, hoodies, cargos, and jeans aligned with contemporary fashion trends in luxury clothing. Our focus includes B2B partnerships in Virginia and B2C sales in India.
Assets Overview
Tangible assets include inventory worth INR 12 lakh.
Intangible assets include GST certificate, incorporation certificate, website, brand, and goodwill.
Facilities Overview
- We operate from a rental facility, partnering with various manufacturers for machinery procurement while overseeing in-house apparel production. Although registered in Telangana, our operations are based in Visakhapatnam (Vizag).
- We have a small office in Virginia for operations registered under the same entity and maintain an online presence through e-commerce platforms. We collaborate with major B2B brands and provide digital contract solutions.
Capitalization Overview
The business is fully bootstrapped with no loans at present. It is led by two directors with a 90:10 ownership split.
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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