Women's Clothing Business Seeking Loan in El Seibo, Dominican Republic
Bridal and Quinceanera dress rental store in El Seibo, serving 20 clients monthly, seeks funding.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 9.2 thousand |
| Run Rate Sales | USD 9.2 thousand |
| EBITDA Margin | 40 % |
| Industries | Women's Clothing |
| Locations | El Seibo |
| Local Time | 6:23 PM America / Santo Domingo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.1 thousand
for
12.0%
annual interest,
5
years
(Native Currency: DOP 300,000)
Reason: The funds will be used for business expansion and improvement, including increasing inventory, enhan...
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Collateral Available: USD 0
Includes physical assets worth
USD
8.5 thousand
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Business Name
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Business Overview
- A bridal and Quinceañera dress rental store strategically located in El Seibo, Dominican Republic, operating without any direct competition.
- Established 4 years ago, the store combines personalized service with high-quality designs to attract a growing client base.
- Currently managed solely by the owner, the store benefits from direct contacts with emerging designers, enhancing its inventory with exclusive offerings.
- Monthly sales average at DOP 45,000, indicating consistent demand and potential for increased revenue with expanded reach.
- The business attracts around 15 clients a month, with a consistent increase in daily client visits.
- Rental prices range from DOP 3,000 per day, with premium exclusive designs available for DOP 10,000 as well, catering to various customer budgets.
- The business secures its inventory from manufacturers in China, ensuring a diverse and cost-effective selection of dresses.
- With the aim to expand services throughout the eastern region of the Dominican Republic, the store seeks funding to broaden its market appeal and scalability.
- Established 4 years ago, the store combines personalized service with high-quality designs to attract a growing client base.
- Currently managed solely by the owner, the store benefits from direct contacts with emerging designers, enhancing its inventory with exclusive offerings.
- Monthly sales average at DOP 45,000, indicating consistent demand and potential for increased revenue with expanded reach.
- The business attracts around 15 clients a month, with a consistent increase in daily client visits.
- Rental prices range from DOP 3,000 per day, with premium exclusive designs available for DOP 10,000 as well, catering to various customer budgets.
- The business secures its inventory from manufacturers in China, ensuring a diverse and cost-effective selection of dresses.
- With the aim to expand services throughout the eastern region of the Dominican Republic, the store seeks funding to broaden its market appeal and scalability.
Products & Services Overview
- Top-selling products include wedding and Quinceanera dresses with personalized service.- Offer a curated selection of high-quality wedding and Quinceanera dresses, providing personalized service to ensure each client finds the perfect fit for their special day.
- The store caters to a diverse clientele, including brides and young women celebrating their Quinceanera's.
Assets Overview
Physical assets include an inventory of 40 wedding dresses and 20 Quinceanera dresses.
Facilities Overview
Operating from a 350 square feet showroom-type facility, which is an extension of residential premises.
Capitalization Overview
Self-funded.Having an outstanding loan of DOP 200k.
There is 1 owner in the business.
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