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Profitable Apparel Wholesale Company Seeking Loan in Visakhapatnam, India

Company sells apparel and now seeks funding to start own manufacturing facility.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 43 thousand
EBITDA Margin 30 %
Industries Apparel Wholesale
Locations  Visakhapatnam
Local Time 3:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 23.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: To purchase machinery, material for own manufacturing and working capital for next 6 months.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
Documents
Business Overview

- We purchase T-shirts, shirts, pants, leggings from a manufacturer and supply to retail shops.

- Buying apparel from a manufacturer in Tiruppur, Tamil Nadu.

- Supplying to 15 shops across Andhra Pradesh.

- Have good business relationship with clients.

- Once we set-up our own manufacturing facility, we will sell the products under own brand name.

- Promoter has 15 years of experience in this industry.

- Business owns land, and building.

Products & Services Overview

We currently purchase T-shirts, shirts, pants, leggings from a manufacturer and supply to retail shops. Planning to set-up own manufacturing facility to produce own branded apparel.

Facilities Overview

Own 1,650 sq ft building to set-up the factory.

Capitalization Overview
Not Disclosed
Recent Activity
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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.

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