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Women's Apparel Store Seeking Loan in Ahmedabad, India

Women's apparel store receiving 10-15 daily customers seeking a business loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 58 thousand
Run Rate Sales USD 63 thousand
EBITDA Margin 40 %
Industries Women's Apparel Stores
Locations  Ahmedabad
Local Time 10:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29 thousand for 12.0% annual interest, 7 years (Native Currency: INR 2,500,000)
Reason: Need funds for inventory and to open a new store. The valuation is based on the current financial re... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Receive 10-15 customers on a daily basis.
- Average order value is INR 2 thousand.
- Our store offers casual wear like kurtas, pant sets, etc.
- We source our products from Mumbai, Jaipur, and Gujarat.
- Have a customer retention rate of 60-80%.
- Business works on word-of-mouth advertisement.
- Promoters have 15+ years of experience in the industry.
- Business has GST and trade licenses.
Products & Services Overview
Ladies formal wear & casual wear such as kurta, pant set, suits, etc.
Assets Overview
Physical assets of the business include furniture and inventory.
Facilities Overview
Have rented a 245 Sq. ft. space in Vastrapur.
Capitalization Overview
- Business is bootstrapped.
- Business is debt-free.
- There are no liabilities in the business.
- Business has a sole owner.
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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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