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Women's Apparel Store Seeking Loan in Raipur, India

2 boutique stores of women's premium Indian ethnic wear in Chhattisgarh with wholesale and retail sales.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 30 %
Industries Women's Apparel Stores
Locations  Raipur
Local Time 9:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: We recently opened a new store and we need working capital to further develop the business.
Collateral Available: USD 47 thousand
Includes physical assets worth USD 200 thousand
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Business Name
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Business Overview

- Started this business 8 years ago in Koriya district and recently opened a 2nd outlet in Raipur.

- Promoter is in this Indian ethnic fashion wholesale and retail industry for over 15 years.

- This is a well-established brand with a genuine and repeat customer base.

- We purchase apparels from wholesalers, manufacturers, custom dress manufacturers.

- We receive 10-12 walk-ins per day in one showroom and receive 5-6 walk-ins in another showroom.

- Planning to open 3 more shops in Chhattisgarh this year.

- Majority of our revenue is from retail sales and a small part of the revenue is from wholesale.

Products & Services Overview

We sell premium ethnic wear such as sarees, suits, lehenga, kurta, dupatta, fabrics, Indo-Western apparel.

Assets Overview

Inventory of sarees, suits, kurta, pure fabrics, 1,000 sq ft owned showroom and 700 sq ft rental showroom with interiors.

Facilities Overview

One owned showroom in Koriya district and one rental showroom in Raipur.

Raipur shop has 500 sq ft showroom space and 200 sq ft workshop space.

Koriya district shop has 600 sq ft showroom space and 400 sq ft workshop space.

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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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