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Profitable Apparel Wholesale Company Seeking Loan in Thane, India

Acquiring stock from leading brands at significantly reduced prices and reselling it in market.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 40 %
Industries Apparel Wholesale
Locations  Thane
Local Time 9:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 350 thousand for 13.0% annual interest, 2 years (Native Currency: INR 30,000,000)
Reason: Locking deal with brands, buying inventory.
Collateral Available: USD 0
Includes physical assets worth USD 82
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Apparel wholesaler with clients from all over India.
- We are doing a B2B surplus inventory liquidation business.
- The promoter has 15 years of experience in this industry.
- Have connections with all major players from the apparel industry (Reliance, Pantaloons, etc). There are around 10 clients.
- Majority of the revenue (70%) is generated from the apparel vertical.
- We buy the outdated stock at a cheaper price from the clients and sell them to wholesalers.
- We started the business last year itself, hence did not generate much revenue.
- All the external work like logistics has been outsourced. Hence does not require many employees.
Products & Services Overview
Apparel, footwear, home and kitchen appliances, and more.
Assets Overview
Tangible assets- table, fan, laptop, mobile etc.
Facilities Overview
The office is located in Diva area on a 50 sqft area with a monthly rent of INR 2,000.
Capitalization Overview
This is a 100% bootstrapped, self funded business with 2 shareholders, husband and wife with a 60% and 40 % stake respectively & zero debts.
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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