Men's Clothing Company Seeking Loan in Mumbai, India
Established | 10-20 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 18 % |
Industries | Men's Clothing |
Locations | Mumbai |
Local Time | 9:04 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Business has been selling online only for the past 8 years.
- Our products are sold under our own brand name and we have our own third-party manufacturing.
- Also, the raw materials are directly supplied by us to third-party manufacturers.
- As of now we sell on Amazon / Flipkart and are planning to launch our own website.
- We have shipped more than 5 lakh units of our brand.
- We have been awarded various awards by Amazon / Flipkart.
- We are among the top players in our categories.
- Our customers are growing by 20% Y-O-Y.
- Currently, we receive 4,000 orders monthly.
- Business's run rate sales have been reduced slightly as the market has been slower.
We manufacture and sell men's blazers/jackets/waistcoats/bandh gala, ties/cufflinks/belts/wallets/socks/lapels.
Physical assets include 2 PCs, 2 laptops, printers/barcode printers, CCTV cameras, and inventory worth INR 25 lakh.
1 - Rented office space - 500 sq ft.
2 - Warehouse - 400 sq ft.
3 - Multiple warehouses in Haryana / Karnataka for quicker shipments with Amazon.
2 shareholders - husband/wife (50/50)
Operations - Wife.
Marketing and Sales - Husband.
INR 20 lakh loan from friends & family.
INR 30 lakh Loan from institutions.
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1 week, 4 days agoFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business