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Women's Apparel Store Seeking Loan in Lucknow, India

Lucknow-based women boutique wholesaler with a production capacity of 600 pieces every month.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 93 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 12 %
Industries Women's Clothing + 1 more
Locations  Lucknow
Local Time 6:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 47 thousand for 10.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: For working capital and purchase raw materials.
Collateral Available: USD 47 thousand
Includes physical assets worth USD 47 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- We manufacture and sell raw fabrics for ladies' clothes and suits.
- Business provides unstitched ladies suits, sarees, and salwar.
- We design and customize new types of ladies' suits.
- The production capacity is 500 to 600 clothes every month.
- On average, we produce between 15 and 20 costumes and clothing fabrics every day.
- Our company sees good sales from December to March and on seasonal occasions.
- We manufacture the raw fabrics and finished products in our personal property (basement of our house) and sell the fabrics and sarees, salwar from our shops.
- The sales revenue is based on our current operations, we are yet to complete our fiscal year in March of next year, which should be around INR 80- 84 lakhs.
- The promoter has 16 years of experience in the women's clothing industry.
Products & Services Overview
Raw fabric materials, unstitched suits, sarees, and salwar.
Assets Overview
Shop interior, furniture, air conditioner, fixtures, and inventory.
Facilities Overview
We operate in a rented office of 350 sq ft. The rent is INR 41,000 per month.
Capitalization Overview
Not Disclosed
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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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