Newly Established Footwear Wholesale Company Seeking Loan in Burdwan, India

Firm engaged in the wholesale trade of footwear for both children and adults.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4 thousand
EBITDA Margin
5 %
Industries
Locations
Local Time
1:39 AM India
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 27 thousand for 10.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: The funds will be used to acquire more inventory so that we can supply to a larger number of retaile... View More
Collateral Available: USD 0
Includes physical assets worth USD 2.7 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
MCA
Company PAN Number
Business Overview

- Engaged in the wholesale trade of footwear.

- Sell footwear for both children and adults.

- Follow a B2B business model and supply products directly to retailers.

- Purchase products from 3 manufacturers based out of Kolkata.

- Also purchase products from 2 distributors selling branded footwear (BKC Pride and Paragon)

- Buy products from suppliers and sell it to retailers after a markup of at least 20%

- At present, we have built a network of 150 retailers across 6 districts in West Bengal.

- These retailers have expressed strong interest to buy our products.

- The business is currently operating at breakeven due initial start-up expenses.

Products & Services Overview

Wholesale trade of footwear. , all type of garments, and all types of bag for both adults and children.

Facilities Overview
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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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