Sportswear Business Seeking Loan in Pune, India

Sportswear brand selling products to 100 clients including retailers, distributors and exporters.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 900 thousand
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
1:07 AM Pune
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 1.4 million for 12.0% annual interest, 6.0 years (Native Currency: INR 100,000,000)
Reason: Due to the loss, our bank facility has reduced. The funds would be used for working capital, marketi... View More
Collateral Available: USD 1.4 million
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

Firm manufactures sports apparel under own trademark which it sells to 100 + clients who are retailers, distributors and exporters. Earlier we used to supply 70% products in the Middle East and 30% in the domestic market but due to a crisis a few years ago, most of our order were put on hold and we suffered a loss which we are yet to overcome. However, prior to the crisis, we had a net profit margin of 10%. We have now moved our focus to serving domestic clients and have customers pan India.

Firm has market presence since 1971 and in future years, it also plans to venture into manufacturing sports shoes. Business currently operates from Pune out of a factory of 10K sq ft. It has state of the art machinery, tools and equipment.

Products & Services Overview

Sportswear for men and women including t-shirts, polo, hosiery and shorts ranging from lifestyle to active wear.

Facilities Overview
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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