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Women's Apparel Store Seeking Loan in Hyderabad, India

Business selling sarees and photographic equipment, seeks funding to purchasing inventory for the newly opened retail outlet.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 3 thousand
EBITDA Margin 11 %
Industries Women's Apparel Stores
Locations  Hyderabad
Local Time 6:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 thousand for 10.0% annual interest, 2 years (Native Currency: INR 200,000)
Reason: We are seeking funds to stock more products at the retail outlet.
Collateral Available: USD 700
Includes physical assets worth USD 1.5 thousand
Documents
Business Overview

- Retail business of silk sarees, fancy sarees, digital cameras, and photography accessories.

- Have 3 local suppliers from whom we procure the products.

- We started operations ten months ago and were selling products from home.

- Products were sold through our family circle using referrals and we have sold to over 100 customers.

- Most of our clients are recurring customers.

- Revenue split: More than 70% of our revenue is generated from selling clothes, and the rest is from cameras and related accessories.

- We recently opened our retail outlet in Hyderabad, in a residential area that has a few commercial establishments.

- We are seeking funds to stock more products at the retail outlet.

- The registered office address for the business is in RR District, but the retail outlet is located in Hyderabad.

- Business owned assets include stock and interior furnishings.

Products & Services Overview

Fancy Sarees, Silk Sarees, Digitial camera, and related accessories.

Facilities Overview

70 sq ft retail outlet store for a monthly rent of INR 4,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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