Women's Apparel Store Seeking Loan in Bangalore, India

- We are a family-run business operating in the industry since 1975 and are experts in fabrics, silks, and retail.

- Our retail stores have been the landmark of Bangalore for exclusive sarees collection since 2000.

- We have adopted families of embroidered and skilled artisans in handwork to create garments that no competition can ever have.

- We maintain a strong profit margin keeping in mind the unique collection.

- Our network of suppliers pans across India. Have about 500+ suppliers, we pick up sarees from weavers, have a deep relationship with wholesalers and manufacturers alike.

- On average, we have 20-22 walk-in customers daily to our retail store with 15 conversions for sale orders. We receive 7 customized creation orders per month on average.

- We have a turnover of INR 70 lakhs per year. Prior to Covid, our turnover was over INR 2 crores and the business was impacted by the restrictions.

- Our loyal customer base is up to 70%, and we have delivered over 3,000 custom orders in a decade.

- Two members of the family are fashion designers who take pride in creating unique garments in western and Indian apparel for women.

- We have recently launched our e-commerce business last year and our online segment is in a very nascent stage.

- The business does not have any loans or overdue.

Silks sarees, lehengas, fabrics, customized creations, dress materials, kurtis, shirts, gowns, dresses, sarees, art sarees, handloom sarees, fancy sarees, tailoring service, fashion designing, and styling.

The physical assets include the interiors of the store along with stock. The business also owns a website.

500 sq. feet production unit and 1,500 sq. feet showroom in Bangalore's most prime area - commercial street. Both the units are on rental basis.