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Men's Clothing Business Seeking Loan in Warangal, India

Company offers an upcoming brand with fashionable clothing for men & women seeking business loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 25 %
Industries Men's Clothing + 1 more
Locations  Warangal
Local Time 1:09 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 10.0% annual interest, 10 years (Native Currency: INR 2,000,000)
Reason: The proceeds from the investment will be used for: - Expanding our product line and increasing prod... View More
Collateral Available: USD 0
Includes physical assets worth USD 18 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- Our business is essentially an upcoming brand that offers a wide range of clothing options for men & women.

- We offer about 40 different items across all categories, sizes, and designs.

- Each item is manufactured at our in-house facility in Coimbatore and then sold under our brand name. We are manufacturing about 800 to 100 units every month and using around 70 percent of the total production capacity.

- We commenced operations about 6 months ago and are selling our products only through our own website for now. This is the only source of revenue for our company.

- We receive anywhere between 10 to 12 orders every day through our website. Currently, we are shipping only to Telangana, Bengaluru, and Mumbai.

- We are also developing distribution networks and will begin selling our products to distributors and through other online platforms in the upcoming weeks.

Products & Services Overview

We sell a variety of fashionable and high quality clothes for men and women under our own brand name.

Assets Overview

Physical assets include:

- Inventory of finished products and raw materials.

- Sewing machines and other manufacturing equipment.

- Furniture & interior fittings in the office space and manufacturing facility.

Facilities Overview

- The business runs operations from the owner's personal property spread across 600 sq. ft. in Telangana. The facility is not a part of the company's physical assets and we do not pay any rent for it. This facility is used as our office space.

- We have a rented premises in Coimbatore spread across 1,000 sq. ft. which is used as a manufacturing facility for our products.

Capitalization Overview
Not Disclosed
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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