Textiles Wholesale Startup Seeking Loan in Mysore, India

Newly established home appliance and textile products trading firm in Mysore seeking capital to expand operations.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4.2 thousand
EBITDA Margin
2 %
Industries
Locations
Local Time
1:14 AM Bangalore
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 2.8 thousand for 20.0% annual interest, 3.0 years (Native Currency: INR 200,000)
Reason: To expand operations and setup the showroom.
Collateral Available: USD 1.4 thousand
Includes physical assets worth USD 280
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Engaged in retail sale and wholesale of textile products, apparel and home appliances.

- We primarily sell home appliances like air conditioners, air coolers and refrigerators which we source from a network of distributors.

- We also offer servicing and installation services for all the products we sell.

- At present we work out of a small office and get orders primarily through WhatsApp and Facebook.

- We are looking to move into a 1,800 sq. ft. showroom space in Mysore and are in the final stages of negotiations.

Products & Services Overview

Dress materials, apparels, textile products, air coolers, air conditioners and refrigerators.

Facilities Overview
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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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