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Men's Footwear Company Seeking Loan in Chenari, India

Local men's shoe business seeks funding to increase production capacity and meet growing demand.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10.5 thousand
Run Rate Sales USD 12.6 thousand
EBITDA Margin 0 - 10 %
Industries Men's Footwear
Locations  Chenari
Local Time 9:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10.5 thousand for 8.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: The owner wants to increase the production capacity to meet the rising demand.
Collateral Available: USD 10.5 thousand
Includes physical assets worth USD 5.3 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Local men's shoe manufacturing and wholesale business based in Chenari.
- We produce around 3,000 pairs of shoes every month, meeting local demand with flair.
- Currently, we work with 10 reliable clients, building solid relationships in the market.
- Our product range includes various styles of footwear, catering to different customer needs.
- We hold a GST certificate, ensuring all our operations are legit and above board.
- Our business model thrives on wholesale, allowing us to maintain competitive pricing and cater to bulk orders.
- We're all about quality leather goods, combining craftsmanship with comfort to deliver great value to our customers.
Products & Services Overview
Wholesale of various styles of footwear for men, catering to different customer needs.
Assets Overview
Tangible assets:
- Tools and equipment.
- Inventory.
Facilities Overview
The business operates from a 500 sq ft rented property in Chenari, Bihar.
Capitalization Overview
- 2 partners.
- No outstanding loans.
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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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