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Newly Established Specialty Retailer Seeking Loan in Navi Mumbai, India

Business investment opportunity: Luggage and travel accessories shop needs a loan for expansion.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Specialty Retailers
Locations  Navi Mumbai
Local Time 6:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 35 thousand for 11.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Seeking a loan to expand the business by increasing working capital.
Collateral Available: USD 0
Includes physical assets worth USD 1.16 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Located in Navi Mumbai, this specialty retailer focuses on luggage and travel accessories, catering international markets.
- Currently staffed by two dedicated employees, the business operates with a lean model, minimizing overhead costs.
- The retailer sources luggage from reputable vendors in China, ensuring a consistent supply of trendy and reliable products.
- A notable current project includes a pre-order of 600 luggage items for the Dubai government’s support staff at the Olympics, highlighting their potential for significant contracts.
- In addition, the business is looking to establish partnerships in Sweden to distribute their products, expanding their market reach.
- The company seeks a loan to support expansion efforts, which would include increasing inventory and enhancing marketing strategies to generate more sales.
- By leveraging their established supply chain and existing contracts, they aim to create a steady revenue stream from both direct sales and international partnerships.
- Our monthly and reported revenue is currently unavailable as we are still in the development phase, procuring materials, and preparing shipments for pending orders. Revenue generation will commence once deliveries are completed.
Products & Services Overview
Our top-selling products will be luggage, primarily ordered by our current pre-booked clients, by the Dubai government for the Olympics.
Assets Overview
Physical assets include raw materials.
Intangible assets- GST, Incorporation certificate and company PAN card.
Facilities Overview
We operate virtually and do not have a physical office.
Capitalization Overview
Ownership is divided as 99% and 1%, with the minority stakeholder bringing strong expertise in logistics and supply chain. The business is currently awaiting investor funding to commence operations.
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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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