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.
Capitalization Overview
Sole proprietorship, funded by the owner and 20% of it by family. We have a supplier credit which is rotational.
Assets Overview
Showroom stock is worth approximately INR 80 lakhs.
Seeking Loan
USD
78 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 ...
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Collateral Available: USD 0
Includes physical assets worth
USD
89 thousand
Interested to connect with advisors
In talks with 1 Investor