↩ Go Back
Need help?

Apparel Wholesale Company Seeking Loan in Tirupattur, India

Company manufacturing knitted garments is now looking to also expand into the hotel industry.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 2.2 million
Run Rate Sales USD 2.2 million
EBITDA Margin 10 %
Industries Apparel Wholesale + 1 more
Locations  Tirupattur
Local Time 5:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 500 thousand for 11.0% annual interest, 4 years (Native Currency: INR 40,000,000)
Reason: Looking to build and operate a hotel.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Documents
Business Overview

- We are a garment manufacturing company and are looking to develop and operate a hotel business.

- The hotel will be an additional part of our business and we will continue to manufacture garments.

- We manufacture men's, women's and kid's apparel for 5 other companies.

- On a daily basis we manufacture around 2,000 pieces and export it to our clients worldwide.

- Now looking for investment in order to build and operate a hotel in Tiruppur.

- Initially we plan to have around 25 rooms and a restaurant before expanding it further based on its success.

- We are still in the planning phase and the land will be bought once the hotels building plan is finalised.

- Company's physical assets include machinery and equipment.

Products & Services Overview

Men's, women's and children's apparel manufacturing. Planning to build and operate a hotel.

Facilities Overview

Land of 4.5 acres in the director's name.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Mumbai, Merchant Bank connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more