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Men's Clothing Business Seeking Loan in Siliguri, India

Men's apparel business with good market presence in the North-Eastern part of India seeks funding.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 117 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 - 30 %
Industries Men's Clothing
Locations  Siliguri
Local Time 12:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 117 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: For business expansion in other states.
Collateral Available: USD 176 thousand
Includes physical assets worth USD 234 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trade Licence
Business Overview
- Traders of men's clothing business based out of Siliguri.
- Business is operating since 2014.
- We supply our products to 850 retailers.
- Business has presence in Assam, West Bengal, Sikkim, Orissa, Bihar, Tripura, Nagaland and Meghalaya.
- Our vendors are from Mumbai, Delhi, Tamil Nadu and also we import from Bangladesh.
- Looking to add hosiery segment as well.
Products & Services Overview
T-shirts & Polos, Denim Trousers, Cotton Twill Trousers, Shirts, Suits and Formal Shirts and Suits.
Facilities Overview
We have 3 offices and 3 warehouses. Each of the office is more than 500 square feet and warehouse is more than 10,000 square feet. Premises are owned by the business.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Automotive, Siliguri, Individual Investor / Buyer connected with the Business
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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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