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Newly Established Photography Business Seeking Loan in Coimbatore, India

Photography studio with women's ethnic wear clothing store.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 6.8 thousand
EBITDA Margin 20 %
Industries Women's Apparel Stores + 1 more
Locations  Coimbatore
Local Time 6:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 6.8 thousand for 10.0% annual interest, 3 years (Native Currency: INR 600,000)
Reason: Looking for a partner someone to invest in my business to start.
Collateral Available: USD 0
Includes physical assets worth USD 6.8 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Women's ethnic wear business with expansion plans.
- The ethnic wear business has already been launched and has been operating for the last 2 months now.
- We plan to also provide rental space for photoshoots such as products, models, and maternity.
Features of this upcoming studio space:
- Soundproof space for YouTube video-making.
- Studio including all the required equipment. Camera, tripod, lighting, different backdrops, set props, monitor.
- Located in Coimbatore where business's with such a business model are very few.
- The studio will also have a part that sells women's clothing (something that we have already started)
- On average, 15 days of the month will be engaged in the starting 3 months and it will engage all the days when it grows.
- We have a tie-up with more than 20 photographers in Coimbatore.
- To promote the business we need to hire social media influencers.
- Helps in networking and that leads to the growth of the business.
- The studio is in the prototype stage.
- Our business has a GST Certificate.
Products & Services Overview
We are already selling women's ethnic wear. Now we want to expand and add a space for photoshoots, such as product, model, maternity, and space for YouTube video making.
This way we will have multiple revenue streams and customers for the business.
Assets Overview
The tangible assets include fixtures, shelves, and clothing stock worth INR 5 lakh.
Facilities Overview
Operating the clothing boutique in 300 sq. ft of rented space in Coimbatore. We now want to expand the business and build a complete studio of 1,300 sqft on the top floor of our owned residential building. This building is in Coimbatore as well.
Capitalization Overview
- Started with proprietor's own savings.
- One proprietor in this business.
- 50% investment will be done by the proprietor for the studio setup and we are looking for an investor for another 50% i. e INR 6 lakh.
Recent Activity
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2 Investors already contacted this Business. Register below to connect now!
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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