Women's Apparel Store Seeking Loan in Cagayan de Oro, Philippines
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 860 thousand |
Run Rate Sales | USD 860 thousand |
EBITDA Margin | 0 - 10 % |
Industries | Women's Apparel Stores |
Locations | Cagayan de Oro |
Local Time | 12:33 PM Asia / Manila |
Listed By | Business Owner / Director |
Status | Active |
- Diversified sales channels: Successfully leveraging multiple sales avenues, including two physical stores, retailers, wholesalers, and Facebook live selling to maximise customer reach.
- Focused on pre-owned luxury: Specialising in second-hand women's luxury items, especially bags, shoes, and wallets sourced from Thailand and Cambodia.
- Robust online presence: Generates 3x the revenue through a robust online sales platform on Facebook versus offline channels, showcasing substantial e-commerce potential.
- Strategic expansion plans: Plans to establish a large warehouse targeting its emergence as a primary wholesale supplier across Mindanao, expanding the business footprint.
- Highly endorsed products: Numerous customer testimonials validate the superior quality and competitive pricing of products, further elevating the brand's credibility in the online market.
- Efficient workforce model: Operates with a lean team of 9 employees and utilizes part-time workers for enhanced operational flexibility and efficiency in managing sales activities.
The products are sold through our stores, directly to customers through live Facebook sales and also to retailers and wholesalers.
Intangible assets: Live-selling Facebook store page (29k followers) - actively earning, and supplier information.
Additionally, we have a boutique of 100 sqm with a monthly rent of PHP 13,000.
First Valley Bank loan: PHP 35,000.
Investors: 7% monthly profit share (total per year - PHP 10.4 million).
Has 15 investors in total.
Company is owned 100% by the owner.
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Earlier than 15 daysPresident, Business Finance, Manila, Corporate Investor / Buyer connected with the Business