Women's Clothing Business Seeking Loan in Kamatagi, India
Traditional silk saree manufacturer with 40 handlooms and authorized distributor of Tesla lights.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 35 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 30 % |
| Industries | Women's Clothing |
| Locations | Kamatagi |
| Local Time | 3:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
5.8 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 500,000)
Reason: We have exhausted all our profits by putting them back into the business for expansion and we requir...
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Collateral Available: USD 0
Includes physical assets worth
USD
17.5 thousand
Name, Phone, Email
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Business Name
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Documents
GST Certificate
(37.3 KB)
Business Overview
- This business manufactures traditional silk sarees and serves as an authorized distributor for Tesla lights and products.
- The business has a small team of 5 employees and operates 2 stores, with a primary focus on the sale of traditional sarees, particularly in the local market.
- Business generates the majority of its revenue (80%) from the sale of sarees, which are produced in-house using 40 handlooms with a capacity of 30 sarees per day.
- The pure silk sarees are priced between INR 9,000-10,000.
- The business primarily targets the Karnataka market, with 70% of sales in 3-4 districts, while also engaging in direct selling in Maharashtra, accounting for 30% of sales.
- As an authorized distributor of Tesla lights, the business has 4-5 dealers and a customer base of 20-30 regular clients, strengthening its position in the electronic equipment market.
- The business has a strong presence in the local market, with a home-based saree store and a significant demand.
- The business has a small team of 5 employees and operates 2 stores, with a primary focus on the sale of traditional sarees, particularly in the local market.
- Business generates the majority of its revenue (80%) from the sale of sarees, which are produced in-house using 40 handlooms with a capacity of 30 sarees per day.
- The pure silk sarees are priced between INR 9,000-10,000.
- The business primarily targets the Karnataka market, with 70% of sales in 3-4 districts, while also engaging in direct selling in Maharashtra, accounting for 30% of sales.
- As an authorized distributor of Tesla lights, the business has 4-5 dealers and a customer base of 20-30 regular clients, strengthening its position in the electronic equipment market.
- The business has a strong presence in the local market, with a home-based saree store and a significant demand.
Products & Services Overview
- Manufacturing of pure silk sarees.- Exclusive distributor of Tesla lights for the district.
Assets Overview
The tangible assets include 40 handlooms, car and stock of sarees worth INR 5 Lakhs.
Facilities Overview
- The shops are located in Kamatgi, Bagakot, Karnataka.- The electrical store is around 900 sq ft and a rent of INR 3,000 is paid per month.
- Textile store is in own house facility with an area of 1,200 sq ft.
Capitalization Overview
- The business is run by a sole proprietor.- The initial investment put in by the owner is 3 lakh And there is an OD facility of INR 3.5 lakh from Canara Bank.
Recent Activity
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Earlier than 15 daysManaging Partner, Socio Economic Services, Bhubaneswar, Individual Investor / Buyer connected with the Business
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