Newly Established Men's Apparel Store Equity Stake For Sale in Bengaluru, India
Non-operational business seeks a loan to establish a men's apparel store in Bengaluru.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Men's Apparel Stores |
| Locations | Bengaluru |
| Local Time | 9:36 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
11.2 thousand
for
50.0%
stake
(Native Currency: INR 1,000,000)
Reason: We are seeking this funding to establish our men's apparel store in Bangalore.
The funding will be ...
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Business Overview
- The business is a non-operational men's apparel store based in Magadi Road, Bengaluru, with plans to offer men's casual and formal wear.
- As of now, the business is yet to be registered and acquire the necessary approvals and licenses for operation.
- The promoter has established contacts in Delhi to source inventory at competitive prices, including both branded and regional brands.
- The business plans to operate with a 25% margin initially to attract customers and is targeting a start of operations within a month of receiving funding.
- The promoter has secured a location for the business and plans to begin operations within a short timeframe.
- Loan repayment starting from 3 months after operations commence.
- Promoter is passionate and hardworking, demonstrating a strong commitment to the success of the venture.
- As of now, the business is yet to be registered and acquire the necessary approvals and licenses for operation.
- The promoter has established contacts in Delhi to source inventory at competitive prices, including both branded and regional brands.
- The business plans to operate with a 25% margin initially to attract customers and is targeting a start of operations within a month of receiving funding.
- The promoter has secured a location for the business and plans to begin operations within a short timeframe.
- Loan repayment starting from 3 months after operations commence.
- Promoter is passionate and hardworking, demonstrating a strong commitment to the success of the venture.
Products & Services Overview
The business's top-selling products will be:- Men's casual wear and formal.
Assets Overview
The business does not have any tangible assets at the time.
Facilities Overview
The business plans to rent a store in Magadi Road, Bengaluru an area of 1,000 sq ft for a rent of INR 15K.
Capitalization Overview
The business does not plan to obtain any other loan and will be registered as a sole proprietorship.
Recent Activity
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Earlier than 15 daysManager, Accounting And Taxation, Bengaluru, Individual Investor / Buyer connected with the Business
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