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Profitable Apparel and Accessories Company Seeking Loan in Madrid, Spain

Online store selling clothing and accessories for women.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Undisclosed
Run Rate Sales USD 13 thousand
EBITDA Margin 35 %
Industries Apparel and Accessories + 1 more
Locations  Madrid
Local Time 10:59 AM Europe / Madrid
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 43 thousand for 15.0% annual interest, 4 years (Native Currency: EUR 40,000)
Reason: Require investment to set up manufacturing unit in Spain and to expand our business.
Collateral Available: USD 3.2 thousand
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Business Overview

- A clothing line for women inspired by African designs and materials, located in Spain that has been operating since 2016.

- We have a website through which we sell our products.

- The business started importing clothes and materials from countries around Africa and selling on the platform.

- Currently we are importing the clothes and materials from India and Spain. We have 4 suppliers in India, and 8 in Spain.

- We have 300 customers from around the world and deliver 20 orders per month.

- We are looking to start our own manufacturing unit in Spain for which we require investment.

- There are 50 retail shops across Spain that are ready to start selling our products.

- We have started our operations in 2018.

Products & Services Overview

Jewelry, t-shirts, sandals, shirts, pants, skirts, bushes, jackets.

Facilities Overview

Currently working from home. Require investment to start manufacturing unit.

Capitalization Overview
Not Disclosed
Recent Activity
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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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