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Men's Clothing Business Seeking Loan in Lucknow, India

Men's apparel wholesaler that supplies to 15-20 retail shops in Lucknow.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 24 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Men's Clothing
Locations  Lucknow
Local Time 7:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 thousand for 10.0% annual interest, 5 years (Native Currency: INR 800,000)
Reason: In order to increase the range of products.
Collateral Available: USD 0
Includes physical assets worth USD 2.4 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

Business was started as a retail shop in 2015. However, last year, we changed our activities to become a wholesaler of men's apparel. We buy products from 5-6 vendors from Delhi and sell it to 15-20 retail shops in Lucknow. We currently sell only men's shirts & trousers and plan to start selling footwear, watches and fashion accessories as well.

Due to COVID-19, the business is closed and we are not generating revenue at the moment. Founder of the business has 20 years of experience in this industry. Business owned assets include stocks and office equipment.

Products & Services Overview

Wholesaler of men's shirts and trousers.

Facilities Overview

Rented space of 200 sq. ft. in Lucknow.

Capitalization Overview
Not Disclosed
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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