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 Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 630 thousand
EBITDA Margin
10 %
Industries
Men's Clothing + 1 more
Locations
Local Time
8:40 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 260 thousand 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: USD 0
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
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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