Sportswear Business Seeking Loan in Nagpur, India
Nagpur-based sports wear business seeking a loan for expansion and the purchase of raw materials.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 23.4 thousand |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 15 % |
| Industries | Sportswear |
| Locations | Nagpur |
| Local Time | 11:14 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.8 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 500,000)
Reason: For development of business and buying more stock.
Although the physical asset values exceed the lo...
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Collateral Available: USD 0
Includes physical assets worth
USD
9.3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Product Range
(80.3 KB)
Black Printed Kurta
(134.3 KB)
Kurta Combo
(147.4 KB)
Mahara Shops and Establishments Certificate
(187.8 KB)
Mahara Shops and Establishments Form F
(287.2 KB)
White T-shirt
(6.7 KB)
Red T-shirt
(22.7 KB)
Beige printed T-shirt
(28.0 KB)
Business Overview
- Established presence in the sportswear industry, specializing in high-demand products like t-shirts, track pants, plazo, and leggings.
- In-house manufacturing capabilities ensure quality control and timely production, contributing to operational efficiency.
- Raw materials sourced locally from Gujrat, promoting sustainable practices and supporting regional economies.
- Diverse product range catering to both men's and women's wear, enhancing market reach and customer engagement, selling over 350 units every month.
- Strong market presence with five active distributors across Maharashtra, facilitating widespread product distribution.
- Own wholesale shop complements distribution efforts, allowing for direct supply to retail outlets in Maharashtra.
- Focused on track pants and t-shirts as top-selling items, leveraging trends in activewear for revenue growth.
- In-house manufacturing capabilities ensure quality control and timely production, contributing to operational efficiency.
- Raw materials sourced locally from Gujrat, promoting sustainable practices and supporting regional economies.
- Diverse product range catering to both men's and women's wear, enhancing market reach and customer engagement, selling over 350 units every month.
- Strong market presence with five active distributors across Maharashtra, facilitating widespread product distribution.
- Own wholesale shop complements distribution efforts, allowing for direct supply to retail outlets in Maharashtra.
- Focused on track pants and t-shirts as top-selling items, leveraging trends in activewear for revenue growth.
Products & Services Overview
The top sold products include sports garments such as t-shirt, track pants, plazo, and leggings.
Assets Overview
The business currently owns:- Stock of garments worth INR 3 lakh.
- Stitching machines worth INR 5 lakh.
Facilities Overview
The business operates from a rented shop in Nagpur.
Capitalization Overview
The business is self funded by the single owner.The business does not have any loans and is debt free.
Recent Activity
-
Earlier than 15 daysVice President, Financial Services, Weehawken, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysAccount Director, Electrical And Electronics Manufacturer, Colchester, Individual Investor / Buyer connected with the Business
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