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Profitable Footwear Wholesale Business Seeking Loan in Savar, Bangladesh

Footwear wholesale business with 20 suppliers and 60 clients seeking funds to expand in Bangladesh.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 24.7 thousand
Run Rate Sales USD 29.6 thousand
EBITDA Margin 30 %
Industries Footwear Wholesale
Locations  Savar
Local Time 12:04 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.1 thousand for 16.0% annual interest, 2 years (Native Currency: BDT 500,000)
Reason: - Loan is required to expand the business and to increase the ability of buying goods and run the bu... View More
Collateral Available: USD 0
Includes physical assets worth USD 4.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade license
Business Overview
- Wholesale footwear business based in Dhaka, Bangladesh We are a newly started multi vendor marketplace operating and delivering footwear within Bangladesh.
- Our products includes: sneakers, sport shoes, fashionable foot wears, ladies sports shoes.
- Presently we have 20 suppliers and 60 clients for our business.
- On a daily basis we receive around 3 to 4 orders and we deliver across Bangladesh.
- The revenue of the business is variable as it depends on the orders received from client.
- Looking for funds in order to sign on more vendors and increase the number of daily orders.
Products & Services Overview
- Our products includes: sneakers, sport shoes, fashionable foot wears, ladies sports shoes.
- We buy footwear from factories and sell to clients in wholesale.
- Currently we have 20 suppliers and 60 clients.
Assets Overview
Physical assets owned by the company include office furniture, computers, and laptops of BDT 2 lakh and stock of BDT 3.5 lakh.
Facilities Overview
Rented space of 1400 sq. ft including office and and a godown, located in Pallibidyut, Savar, sub-Dhaka with monthly rent BDT 12,000.
- We also have another godown of 1,000 sq. ft located near our office with a monthly rent of BDT 3,000.
Capitalization Overview
- The business is self funded and is fully owned by the owner.
- Initially invested around BDT 5.5 lac from our own funds for the establishment so far.
- There are no debts or loans.
- it is a sole proprietorship.
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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