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    Women's Clothing Business Seeking Loan in Surat, India

    Manufacturers of kurtis supplying to 12+ wholesalers seek a loan.
    Established 1-5 year(s)
    Employees 10 - 50
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 50 - 60 thousand
    Run Rate Sales USD 60 thousand
    EBITDA Margin 10 - 20 %
    Industries Women's Clothing
    Locations  Surat
    Local Time 1:42 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.5 / 10
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    Seeking Loan
    USD 18 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,500,000)
    Reason: - We need funds to build our brand. - The amount required is in addition to the amount of revenue g... View More
    Collateral Available: USD 12 thousand
    Includes physical assets worth USD 40 thousand
    Interested to connect with advisors
    Name, Phone, Email
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    Business Name
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    User Verification
    Business Overview

    - Company is into Kurtis manufacturing business.

    - Manufacturing capacity is 500 + garments daily.

    - We supply to 12 + wholesalers pan India.

    - We use materials like silk, cotton, chanderi, etc to stitch.

    - Average lead time for manufacturing and delivering kurtis is 3 days.

    - Business has 17 employees who are all tailors.

    Products & Services Overview

    Kurtis, kurtas pair, sharara set, western wear and all ethnic wear garments.

    Assets Overview

    7 machines worth INR 22,000 per machine, 1 machine worth INR 34,000, and other assets worth INR 20 lakhs.

    Facilities Overview

    The factory is located in the east of the city on a 4,000+ sqft area with a monthly rent of INR 12,000.

    Capitalization Overview

    - Self-funded business.

    - Sole proprietorship company.

    - Business has no loans.

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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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