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Newly Established Men's Apparel Store Investment Opportunity in Bangalore, 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  Bangalore
Local Time 10:05 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 11.7 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 ... View More
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Business Name
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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.
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.
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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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