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Newly Established Women's Apparel Store Seeking Loan in Pune, India

Rapidly growing profitable bridal showroom with an average bridal dress order size of INR 35k.
This transaction has concluded.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 25 %
Industries Women's Apparel Stores
Locations  Pune
Local Time 9:09 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 84 thousand for 11.0% annual interest, 6 years (Native Currency: INR 7,000,000)
Reason: We are renting 3 more floors and planning to expand and cater to all groups of customers floor-wise ... View More
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Documents
Shop photo
Business Overview

- The business has turned profitable within a few months of its start.

- Great business relationships with our suppliers and clients.

- We are receiving around 5-6 customers on a daily basis.

- During the season the business receives a minimum of 20 customers.

- The average order value for a bridal dress is INR 35k and for other dresses is INR 16k.

- Majority of our sales happen through the seasons of September to March.

- 80% of our revenue is through the sale of readymade dresses and the rest 20% is through customised dresses.

- We have 18 frequent suppliers and 5-6 quarterly suppliers.

- Organic Instagram following of 25k followers.

- The business has very recently started its operations and is generating sales of INR 24L per month.

Products & Services Overview

Bridal & bridesmaid wear, trousseau, sarees, and many more.

Assets Overview

Showroom stock is worth approximately INR 80 lakhs.

Facilities Overview

Operating from a rental space of carpet area 1,750 sqft, a 5+5 year agreement has been signed.

The rent is INR 2L and it is located on MG Road, Pune.

Capitalization Overview

Sole proprietorship, funded by the owner and 20% of it by family. We have a supplier credit which is rotational.

Recent Activity
  • Earlier than 15 days
    Proprietor, Pune, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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