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Profitable Apparel Store Seeking Loan in Dover, United States

Online apparel business in the USA, seeking investment to start operations, establish presence in Tanzania.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 10 thousand
EBITDA Margin 40 %
Industries Apparel Stores + 1 more
Locations  Dover
Local Time 7:53 PM Asia / Jerusalem
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16 thousand for 8.5% annual interest, 2 years (Native Currency: ILS 60,000)
Reason: Seeking funds to redesign the website, promotions, marketing, start the operations and establish in ... View More
Collateral Available: USD 32 thousand
Includes physical assets worth USD 13 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Online apparel business, in its pre-revenue stage, based in Delaware, USA.
- Products sold will be men & women clothing and accessories such as bags, shoes and jewelry.
- Sales will be through our official website.
- Products are sourced from distributors from USA and China.
- The business is in the infant stage looking to be promoted and generate sales.
- Targeting the US market and expecting a reach of 100k customers in the first financial year.
- The business model includes drop shipping of products to customers.
- Projecting an annual turnover of USD 200k with >50% profit margins in the first financial year.
- Last year we did not generate any revenue since we just launched the platform.
Products & Services Overview
Products include men & women clothing and accessories such as bags, shoes and jewelry.
Sales will be through official website.
Assets Overview
Physical assets include computers, hardware and electrical equipment and stock.
Facilities Overview
There is no office facility for the company yet. Operating from residential premises.
Capitalization Overview
The business is self-funded.
No loans or liabilities.
There are 1 owner, holding 100% shares.
The business was established in USA by my own initiative using small funds I have to promote it to allow to grow.
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1 Investor already contacted this Business. Register below to connect now!
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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