↩ Go Back
Need help?

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 18 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries Men's Clothing
Locations  Naihati
Local Time 4:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.6 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... View More
Collateral Available: USD 0
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trade Licence
Business Card
ITR-4
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.

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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

3 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more