Profitable Apparel Wholesale Business Seeking Loan in Imphal, India

Production unit cum training center for manufacturing traditional handloom for men and women.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 30 - 40 %
Industries Apparel Wholesale
Locations  Imphal
Local Time 12:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: Funds will be used to set up a silkworm rearing unit to produce our own silk and use it as raw mater... View More
Collateral Available: USD 0
Includes physical assets worth USD 20 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Firm is one of the first manufacturing unit in Manipur to produce traditional clothes using Flying 8 loom weaving technique. Founder has learned this technique under a master trainer from Germany.

- We manufacture traditional clothes & dresses for men & women and sell it to retailers in Manipur. Have tie-ups with 12 retailers.

- We also provide training on weaving technique for free of cost. Post training, if a student wishes to work for us, we hire them as a staff in our factory.

- Have trained over 40 students and we have 20 staff at our factory. These staff are temporary workers and not permanent employees.

- We procure silk from 1 fixed vendor and from a few villagers locally. We plan to set up our own silkworm rearing unit to produce silk.

- Our firm is a member of Startup Manipur. Founder has 5 years of experience in this industry.

Products & Services Overview

Manufacture traditional dhoti, sarees, dress, shirts, garment, uncut silk fabric.

Assets Overview

45 looms, 2 reeling machines, 12 warping mills, 35 spinning wheels, 1 factory shed.

Facilities Overview

- Factory is set up on a 2,496 sq ft area. The facility is owned by the proprietor and not in name of the company.

- Have an office building cum hostel for female staff. It's of 1 floor and the area size is 700 sq ft. This facility is also owned by the proprietor and not in the name of the company.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more