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Newly Established Men's Apparel Store Seeking Loan in Basti, India

Business seeks working capital for online and offline apparel business with own brand in UP.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 1.43 thousand
EBITDA Margin 26 %
Industries Men's Apparel Stores
Locations  Basti
Local Time 5:47 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 10.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: Need working capital. We expect the revenue to increase with this funding and we will be comfortabl... View More
Collateral Available: USD 6 thousand
Includes physical assets worth USD 6 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The business operates in the men's apparel stores industry, specifically in the location of Basti, Uttar Pradesh.
- The business currently has one employee who is also the owner.
- Seeking working capital for both online and offline operations.
- Business sells its own branded apparel through online platforms, as well as through a retail store at its location in Basti.
- The business is registered under the Startup India initiative.
- The production process involves the use of a third-party manufacturer for the apparel.
- The business sells its products through popular online platforms such as Jiomart and Meesho.
- On average, the business receives approximately 5 orders daily, with fluctuations in the order volume.
- In addition to online sales, the business has a retail store at its location, enabling direct sales to customers.
Products & Services Overview
Selling own branded apparel on online platforms and also offline directly to customers.
Assets Overview
Assets include apparel stock and store furniture.
Facilities Overview
Selling from home office and store in Basti, Uttar Pradesh.
Capitalization Overview
Single owner business.
No loan or liability.
Recent Activity
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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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