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Men's Clothing Business Seeking Loan in Bangalore, India

Readymade men's and women's garment manufacturer based in Bangalore seeks funding for order fulfilment.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity General Partnership
Reported Sales INR 4 crore
Run Rate Sales INR 4.8 crore
EBITDA Margin 10 %
Industries Men's Clothing + 1 more
Locations  Bengaluru
Local Time 11:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 2 crore for 18.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: We are seeking loan for business improvement. To purchase raw materials to fulfill the orders.
Collateral Available: INR 0
Includes physical assets worth INR 2 crore
Interested to connect with advisors
Documents
GST Certificate
MSME Registration
Business Overview
- Readymade garment manufacturing unit in Bangalore that has been in operations for the last 4 years.
- We manufacture best quality men's and women's wear.
- At present, we are just working with Reliance Trendz. Earlier, we had other brands like Blackbird, Indian Designs (Dickies), Stori Fashions, Takko, Buffalo, Takko.
- We produce 3,000 pieces per day.
- Upon evaluating our capabilities, Reliance Trends offered us a big order and we have signed up for a continuous flow of orders.
- We expect a turnover of INR 24 crores per year as we receive more orders from Reliance Trendz.
- Our assets include license, high-end machinery, equipment, raw materials, and stock.
- Promoter has more than 4 years of experience in this business.
Products & Services Overview
Men's wear - Shirt, t-shirts, pants, trousers, shorts.
Women's wear - Kurta, pants, tshirts, dresses.
Facilities Overview
We have a 4-storey rental building situated in the industrial area.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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