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Men's Clothing Company Seeking Loan in Mumbai, India

Men's apparel brand with contract manufacturing that receives 4,000 online orders monthly seeks loan.

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
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: Funds are required for expansion to women's wear and own website (development/marketing/advertising)... View More
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
COI
Business Overview

- 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.

Products & Services Overview

We manufacture and sell men's blazers/jackets/waistcoats/bandh gala, ties/cufflinks/belts/wallets/socks/lapels.

Assets Overview

Physical assets include 2 PCs, 2 laptops, printers/barcode printers, CCTV cameras, and inventory worth INR 25 lakh.

Facilities Overview

1 - Rented office space - 500 sq ft.

2 - Warehouse - 400 sq ft.

3 - Multiple warehouses in Haryana / Karnataka for quicker shipments with Amazon.

Capitalization Overview

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.

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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