Men's Footwear Business Seeking Loan in Agra, India
Boost shoe manufacturing business's growth with an INR 10 lakh investment to increase production capacity.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | USD 9 - 10 thousand |
| Run Rate Sales | USD 13.5 thousand |
| EBITDA Margin | 12 % |
| Industries | Men's Footwear |
| Locations | Agra |
| Local Time | 11:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.3 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 1,000,000)
Reason: We require these funds to increase the production capacity and the stock levels maintained by us.
Collateral Available: USD 0
Includes physical assets worth
USD
3.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Small scale shoe manufacturing business located in Agra specializes in sports shoes, and targeting wholesale clients.
- The business has strong relationships with 4 to 5 local shoe wholesalers and an additional 2 to 3 clients from another city.
- We can produce about 300 pairs of shoes monthly.
- The employees are not paid a very high salary and because of this we are able to be profitable.
- Currently, seeking an investment of INR 5 to 10 lakh to address stock issues and expand operations.
- The business is family-owned, managed by a father-son duo.
- Business has MSME registration.
- The business has strong relationships with 4 to 5 local shoe wholesalers and an additional 2 to 3 clients from another city.
- We can produce about 300 pairs of shoes monthly.
- The employees are not paid a very high salary and because of this we are able to be profitable.
- Currently, seeking an investment of INR 5 to 10 lakh to address stock issues and expand operations.
- The business is family-owned, managed by a father-son duo.
- Business has MSME registration.
Products & Services Overview
The top selling products are men's sport shoes, casual shoes and sneakers.The products are sold to 4-5 shoe wholesalers in Agra and in another city of UP, we have 2-3 wholesalers purchasing our products.
Assets Overview
The tangible assets include some of the product stock and production equipment in the small factory.
Facilities Overview
We have a small factory setup at the back of our owned residential property in Agra.
Capitalization Overview
- No loans or debts.- Single owner owned business.
Recent Activity
-
Earlier than 15 daysPartner, Construction, Hyderabad, Individual Investor / Buyer connected with the Business
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