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Footwear Wholesale Company Seeking Loan in Burdwan, India

Firm engaged in the wholesale trade of footwear for both children and adults.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 3.6 thousand
EBITDA Margin 5 %
Industries Footwear Wholesale
Locations  Burdwan
Local Time 3:47 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 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 2.4 thousand
Interested to connect with advisors
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

Promoter owned office space of 2,500 sq. ft. No rental expense.

Capitalization Overview
Not Disclosed
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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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