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Apparel Wholesale Business Seeking Loan in Trichy, India

Distributors of apparel to 35 retailers across Tamil Nadu seek a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 20 %
Industries Apparel Wholesale
Locations  Trichy
Local Time 2:45 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 9.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: Need funds for working capital and additional funds for the security deposit to start an agency.
Collateral Available: USD 0
Includes physical assets worth USD 3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Apparel wholesale distributors in Trichy.

- 7-8 manufacturers supply the product to us.

- We sell the products to 35 retailers in Tamil Nadu.

- Generate 65% of sales through kid's apparel sales and the rest through men's and women's apparel sales.

- We have been running our business successfully for the last 1.5 years.

Products & Services Overview

We are supplying kid's wear, men's, and women's wear to retailers.

Assets Overview

Stock worth INR 1.5 lakhs, and van for transporting goods.

Facilities Overview

Own godown located in the south of the city on 600sq ft space which is not part of the transaction.

Capitalization Overview

- The business is funded through personal funds.

- The company is a sole proprietorship and has no debts or liabilities.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
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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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