Men's Apparel Store Seeking Loan in Imphal, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 28 thousand |
Run Rate Sales | USD 30 thousand |
EBITDA Margin | 30 % |
Industries | Men's Apparel Stores |
Locations | Imphal |
Local Time | 4:11 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
1. Apparel store located in Imphal, India, with 5 employees.
2. Offers a range of cheap branded original shoes, clothing, and accessories from overseas such as Thailand and Cambodia.
3. Promotes products through online platforms such as Instagram and WhatsApp.
4. 10,000+ customers nationwide with a net sales of 23.5 Lakhs in one year alone.
5. Products are very competitively priced, ranging from INR 2,000-3,000 rupees for thrifted items and up to INR 10,000 rupees for brand-new items.
6. Demand for the products is high and running out of stock due to lack of capital investment.
7. Employ an effective promotional tool on Instagram to reach customers.
8. 5 employees whose roles are sales, and delivery.
The best-selling products are shoes, clothing, and accessories.
Furnitures, Computers, Printers, Scooters, Tables, Chairs, Racks.
The store is located at the heart of Manipur which is Imphal, Sagolband Moirang Leirak 600 square feet, and it the leased for 10 years with a deposit of INR 1Lac and monthly rent of INR 7k.
The business is mainly own-funded and has taken a small loan of INR 2L from a bank.
It is a sole proprietorship.