Profitable Textiles Wholesale Business Seeking Loan in Coimbatore, India
Authorized distributors and seller of Raymond suiting and shirting business seeks funds for expansion.
| Established | 30-40 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 2.07 million |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 27 % |
| Industries | Textiles Wholesale + 1 more |
| Locations | Coimbatore |
| Local Time | 11:53 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 50,000,000)
Reason: Expansion of business to other regions (other states)
To open our own stores.
To open our own stores.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business operates in the textiles wholesale industry, focusing on distributing high-quality Raymond men's suiting and shirting fabrics.
- Located in Coimbatore, the business currently has a dedicated team of 25 employees. We also hire part-time staff on a need basis.
- As authorized distributors, the business supplies premium Raymond fabrics to top retailers throughout Tamil Nadu and Kerala.
- Besides wholesale distribution, the business owns and manages a chain of 9 retail stores across the region, offering direct access to consumers.
- Plans for expansion include establishing an additional 50 retail stores in and around the existing market region, aiming to increase market presence and consumer accessibility.
- Revenue streams include wholesale distribution to retailers and direct sales from company-owned stores.
- Business has a trade license.
- We enjoy high EBITDA due to a strong distribution chain and our own selling outlets.
- Located in Coimbatore, the business currently has a dedicated team of 25 employees. We also hire part-time staff on a need basis.
- As authorized distributors, the business supplies premium Raymond fabrics to top retailers throughout Tamil Nadu and Kerala.
- Besides wholesale distribution, the business owns and manages a chain of 9 retail stores across the region, offering direct access to consumers.
- Plans for expansion include establishing an additional 50 retail stores in and around the existing market region, aiming to increase market presence and consumer accessibility.
- Revenue streams include wholesale distribution to retailers and direct sales from company-owned stores.
- Business has a trade license.
- We enjoy high EBITDA due to a strong distribution chain and our own selling outlets.
Products & Services Overview
We are the distributors and resellers of Raymond Men's suiting and shirting.We supply to top retailers across Tamil Nadu and Kerala.
Assets Overview
We currently don't own any property. Our assets are supply chain and client database.
Facilities Overview
We have office space of 7,000 sqft and this is on lease.Have 9 rented retail stores across Tamil Nadu.
Capitalization Overview
Started with our capital and bank loans.There are 2 shareholders holding 50-50% of the company.
Recent Activity
-
Earlier than 15 daysOwner, Chennai, Accounting Firm connected with the Business
Tags:
Profitable Textiles Wholesale Business Seeking Loan in Coimbatore, India
·Profitable Apparel Wholesale Business Seeking Loan in Coimbatore, India
·Lend to Profitable Textiles Wholesale Business in Coimbatore, India
·Lend to Profitable Apparel Wholesale Business in Coimbatore, India
·Profitable Textiles Wholesale Business Seeking Loan
·Profitable Apparel Wholesale Business Seeking Loan
·Lend to Profitable Textiles Wholesale Business
·Lend to Profitable Apparel Wholesale 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. 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
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 125,500+ other businesses of all sizes.
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