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Women's Apparel Store Seeking Loan in Cagayan de Oro, Philippines

Second-hand luxury women's apparel business seeks business loan to expand operations and boost profitability.
This Business is on a Premium Plan
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
Overall Rating
Seeking Loan
USD 263 thousand for 10.0% annual interest, 5 years (Native Currency: PHP 15,000,000)
Reason: The business currently has individual investors receiving a 7% monthly share of earnings. While thei... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 263 thousand
Interested to connect with advisors
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Business Overview
- Leading provider: Operating within the women's apparel store sector, the business sells second-hand luxury bags, shoes and wallets located strategically in Tagoloan with a reach extending across Mindanao.
- 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.
Products & Services Overview
The business's top-selling products include second-hand women's luxury bags, shoes, and wallets.
The products are sold through our stores, directly to customers through live Facebook sales and also to retailers and wholesalers.
Assets Overview
Tangible assets include the inventory worth PHP 15 million.
Intangible assets: Live-selling Facebook store page (29k followers) - actively earning, and supplier information.
Facilities Overview
We operate a large store of 200 sqm with a monthly rent of PHP 32,500.
Additionally, we have a boutique of 100 sqm with a monthly rent of PHP 13,000.
Capitalization Overview
Loan from the Bank of Philippines Islands: PHP 40,000.
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.
Recent Activity
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1 Investor already contacted this Business. Register below to connect now!
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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