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Profitable Textiles Wholesale Business Seeking Loan in Jammu, India

Wholesaler of ready-made garments and medical clothing with 10 suppliers and 4 distributors.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36 thousand
Run Rate Sales USD 18 thousand
EBITDA Margin 30 %
Industries Textiles Wholesale
Locations  Jammu
Local Time 2:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 10.0% annual interest, 5 years (Native Currency: INR 500,000)
Reason: We want to expand business operations by opening a retail outlet for the business.
Collateral Available: USD 0
Includes physical assets worth USD 36 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- We are involved in the wholesale of all types of ready-made garments.

- Recently, we have forayed into the PPE kit, surgical mask & face mask market due to the ongoing pandemic.

- Business has 10 primary suppliers around the country.

- Sales have fallen by nearly 50% due to the ongoing pandemic.

- We have 4 distributors based in Ludhiana and Delhi.

- Promoter has an assistant that helps out with the business operations.

- We have not undertaken any significant marketing into the business.

- The business has an IndiaMART page where we sell our products online.

Products & Services Overview

We are involved in the wholesale of ready made garments (men, women and children). Recently, we have entered the PPE kit, surgical mask & face mask market due to the ongoing pandemic.

Assets Overview

Besides the interiors and furnishings of the godown, we own stock worth INR 25,00,000.

Facilities Overview

We have a 1,500 square feet godown on rent. Pay INR 25,000/monthly as rent.

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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