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Textile Packaging Business Seeking Loan in Allahabad, India

Company designs carry bags for textile and telecom shops, having over 100 clients in Allahabad.
- Business is involved in the design and manufacturing of carry bags for textile and telecom shops in Allahabad. - Have tie-ups with 3 manufacturing units who procure the materials and manufacture the bags. - We are currently printing 1,80,000 bags on a monthly basis. - Have 103 clients which include mostly retail shops in the textile and telecom industry. Of these, we design custom printed bags for 40 clients. - Revenue split: 55% from non-printed bags, and the rest from custom printed bags. - We receive most of our orders through calls and WhatsApp and are looking to expand to other cities by developing a mobile app. - Targeted cities include Lucknow and Kanpur and the app is expected to be launched in 2-3 months on both Android and iOS platforms. - We are seeking funds to increase the production capacity by purchasing machines and setting up our own manufacturing facility. The profit-margin is expected to be 30% once we set up the facility. - Business owned assets include the stock.
5.8   Allahabad
Run Rate Sales
USD 100 thousand
EBITDA Margin
15 %
Business Loan
USD 27 K at 15%
Contact Business

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