Men's Clothing Business Seeking Loan in Naihati, India
Men's shirt manufacturer with 4 clients seeking funds to switch to online business.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 17.5 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 10 - 20 % |
| Industries | Men's Clothing |
| Locations | Naihati |
| Local Time | 12:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3.5 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 300,000)
Reason: Promoter is looking for funds to restart the business and to set up an online website to start onlin...
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Collateral Available: USD 0
Includes physical assets worth
USD
4.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Men's shirt manufacturing and wholesale unit in Naihati that has been in operations for the last 4 years.
- Currently, operations are on a halt due to the pandemic.
- Produced and sold 4,000 pieces of shirts to 4 distributors across various districts in West Bengal.
- The cloth is bought from a dealer in Delhi and from the wholesalers in the local market.
- Stitching work is outsourced to tailors around the city and packaging is done by the firm.
- The distributors are given a credit period of 60-90 days from the date of purchase.
- Shirts are manufactured and sold under the proprietary brand.
- Intend to develop our own website and start selling the products online.
- Promoter has 4 years of experience in the business.
- Currently, operations are on a halt due to the pandemic.
- Produced and sold 4,000 pieces of shirts to 4 distributors across various districts in West Bengal.
- The cloth is bought from a dealer in Delhi and from the wholesalers in the local market.
- Stitching work is outsourced to tailors around the city and packaging is done by the firm.
- The distributors are given a credit period of 60-90 days from the date of purchase.
- Shirts are manufactured and sold under the proprietary brand.
- Intend to develop our own website and start selling the products online.
- Promoter has 4 years of experience in the business.
Products & Services Overview
Men's shirts.
Assets Overview
Assets include inventory, furniture, and small machinery used for packaging.
Facilities Overview
Rented warehouse with a built-up area of 800 sqft and monthly rent INR 5,5000. The rental agreement is renewed every 11months.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysShareholder/Director, Accounting Firm, Kolkata, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssistant Engineer, Power & Capital Goods, Bangalore, Individual Investor / Buyer connected with the Business
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