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Profitable Hosiery Business Seeking Loan in Mumbai, India

Manufacturer of ladies lingerie and hosiery products with a daily production capacity of 1,000 products.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 37 thousand
Run Rate Sales USD 51 thousand
EBITDA Margin 30 %
Industries Hosiery + 1 more
Locations  Mumbai
Local Time 8:44 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 12.7 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,200,000)
Reason: The fund will be used for setting up a new unit, advertising our brand, and to purchase material.
Collateral Available: USD 1.06 thousand
Includes physical assets worth USD 90 thousand
Documents
Business Overview
- Ladies lingerie and hosiery manufacturing unit involved in the production of lingerie, panties, plazo, bra, shorts, slip, sporty, mask.
- We are in this business for the past 20 years.
- Have a total production capacity of 1,000 products per day. The capacity is fully utilized now.
- Manufacturing for 5-7 other local brands and also for the brand Red Rose.
- We also manufacture products under our own brand and supply them to 10-12 retailers.
- We generate 75% of our revenue manufacturing for other brands and 25% of revenue is from our own brand sales.
- We are good at sales and marketing and there is good growth in the business.
Products & Services Overview
Lingerie, panties, plazo, bra, shorts, slip, sporty and mask.
Assets Overview
- Tangible assets are -12 swinging machines, cutting machines, and 2 manufacturing units.
- Intangible assets are - Brand, social media.
Facilities Overview
We own two units of 250 Sq Ft each.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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