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Sportswear Company Seeking Loan in Ghaziabad, India

An international brand in fitness apparel specifically targeting bodybuilders and athletes.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales INR 8.4 lakh
EBITDA Margin 20 %
Industries Sportswear
Locations  Ghaziabad
Local Time 4:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 25 lakh for 8.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Scaling up the business and purchase inventory.
Collateral Available: INR 26 lakh
Includes physical assets worth INR 10 lakh
Interested to connect with advisors
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Business Name
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Documents
PAN
Board Resolution
Director PAN
Company's PAN
Business Overview
- Startup sportswear brand targeted at bodybuilders and athletes.
- We are based out of Ghaziabad. Have also registered the business in the US to ease paper work.
- Looking to set up an international brand that will have presence in India, USA and Europe.
- At present we sell our product through our website and receive INR 70,000 worth of monthly orders. We started operations this year.
- We have tied up with a vendor in China who produces all the products.
- Currently looking to scale up the business and developing other channels for sales.
- Company has on-boarded 5 national bodybuilders who are firm's brand ambassadors.
- Promoter is an ex-bodybuilder who is highly experienced about the industry.
- Company's physical assets include land for set up of inventory office.
Products & Services Overview
Shorts, Hoodie, Tank Top, Shirts and Track Pants.
Facilities Overview
1,000 Sq Yards office for inventory. Owned by the promoter.
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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