Women's Apparel Store Seeking Loan in Pheidinga, India
Traditional clothing manufacturing business running over a decade in Manipur seeks investment for expansion.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 125 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Women's Apparel Stores |
| Locations | Pheidinga |
| Local Time | 12:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
116 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: Seeking investment for expansion. Funds will be used as working capital to hire more people, procure...
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Collateral Available: USD 290 thousand
Includes physical assets worth
USD
580 thousand
Interested to connect with advisors
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Business Name
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Documents
Muga Saree
(3.7 MB)
Business Overview
- Manufacturer of traditional muga clothing, dhotis, silk sarees that is an indigenous traditional Indian dress.
- Secured the National Entrepreneurship Award last year and have also put up stalls in many exhibitions.
- Have served more than 1,00,000 individuals to date.
- Procure raw material from the local market and 10-12 vendors located across India.
- Make 1,200-1,300 pieces of clothes per month and sell them to the local market and 30+ retailers present in metropolitan cities like Guwahati, Kolkata, Delhi, and Chennai.
- Also, have 2 showrooms in Manipur from where products are sold to visiting retailers and wholesalers.
- Clothes are sold under our own proprietary brand.
- Orders are acquired through our network, newspaper advertisements, and references.
- Manufacturing is outsourced to 130 local village people and they are employed on a contractual basis.
- The villagers are provided with all the raw materials and machinery required to make the clothes.
- Packaging is done in-house by 5 workers who work under us.
- Promoter has been running the business since several years and has a good understanding of it.
- Secured the National Entrepreneurship Award last year and have also put up stalls in many exhibitions.
- Have served more than 1,00,000 individuals to date.
- Procure raw material from the local market and 10-12 vendors located across India.
- Make 1,200-1,300 pieces of clothes per month and sell them to the local market and 30+ retailers present in metropolitan cities like Guwahati, Kolkata, Delhi, and Chennai.
- Also, have 2 showrooms in Manipur from where products are sold to visiting retailers and wholesalers.
- Clothes are sold under our own proprietary brand.
- Orders are acquired through our network, newspaper advertisements, and references.
- Manufacturing is outsourced to 130 local village people and they are employed on a contractual basis.
- The villagers are provided with all the raw materials and machinery required to make the clothes.
- Packaging is done in-house by 5 workers who work under us.
- Promoter has been running the business since several years and has a good understanding of it.
Products & Services Overview
Handlooms, silk sarees, muga dhotis, ladies blouses, and many more.
Assets Overview
Assets include land, furniture, machinery, and stock. We also have one more upcoming showroom which is under construction. Machinery includes 4 spinning wheels, charkha, 150 looms, and other hand machinery. Inventory worth INR 30 lakh is also included.
Facilities Overview
Have 2 rented showrooms with a space of 250 sq. ft. each. The total rent is INR 15,000.Also, own a 450 sqft building where all the packaging takes place.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Food Processing, Kapurthala, Individual Investor / Buyer connected with the Business
Tags:
Women's Clothing Store Seeking Loan in Pheidinga, India
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·Lend to Women's Apparel Store in Pheidinga, India
·Women's Clothing Store Seeking Loan
·Women's Apparel Store Seeking Loan
·Lend to Women's Clothing Store
·Lend to Women's Apparel Store
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