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Apparel Store Seeking Loan in Chennai, India

Apparel store that caters to men, women and children having 30 daily customer visits.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 30 - 40 %
Industries Apparel Stores
Locations  Chennai
Local Time 6:57 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 20.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: In order to buy more stock, repay debts and do a little expansion of the store.
Collateral Available: USD 60 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- We are an apparel store in Chennai that has been operating since 2015.

- Deal in men's, women's and children's premium surplus apparel.

- Over 20 to 30 customers visit our store per day.

- Our products are high quality and we have a list of more than 40 suppliers.

- Looking for funding to expand the store to meet the demands of a growing customer base.

Products & Services Overview

Men's, Women's and Children's apparel.

Facilities Overview

Rented 2,750 Sq Ft with godown upstairs.

Capitalization Overview
Not Disclosed
Recent Activity
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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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