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Women's Clothing Business Seeking Loan in Raigad, India

Manufacture of baby and maternity products through third party seeking loan to start own manufacturing.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 255 thousand
EBITDA Margin 5 %
Industries Women's Clothing
Locations  Raigad
Local Time 11:28 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 35.4 thousand for 15.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: The funds will be used to buy more machines and start the manufacturing process.
Collateral Available: USD 34 thousand
Includes physical assets worth USD 34 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- The business manufactures maternity clothes and baby products.
- Manufacturing is done by a third party.
- Products are sold under our brand name.
- Investment is needed to start our own manufacturing plant.
- Have already leased the factory to start the manufacturing.
- Last year the business did not generate any sales as it was non-operational due to the pandemic.
- Majority of our revenue is through maternity products.
- We supply our products to major brands in India.
- The owner has 8 years of proprietorship experience.
- The products are sold through a network of distributors.
- Business has one owner and is debt-free.
Products & Services Overview
Maternity clothes, re-usable and disposable maternity breast pads, baby mosquito net bed, baby urine absorbent mattress protector mats.
Assets Overview
Physical assets include machines for manufacturing products and the factory setup.
Facilities Overview
Have leased a 1,700 sq. ft. factory to start manufacturing.
Capitalization Overview
Not Disclosed
Recent Activity
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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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