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Newly Established Bags Manufacturing Business Seeking Loan in Bangalore, India

Manufacturing motorcycle luggage and safety gear for riders with production capacity of 300 units/month.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 14 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 30 %
Industries Bags Manufacturing
Locations  Bangalore
Local Time 6:39 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 12.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: We are looking to expand our business by adding more dealers, as there is already a high demand for ... View More
Collateral Available: USD 6 thousand
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Specializing in manufacturing motorcycle luggage and safety gear for riders.

- Product lineup includes motorcycle luggage systems like tank bags, tail bags, saddle bags, hydration backpacks, and tech pouches.

- Focus on B2B sales channels.

- Unique product range featuring modular designs tailored to various motorcycle types, promoting durability and user convenience.

- Emphasis on innovation and quality, utilizing premium materials and the latest technology for superior product performance.

- Import raw materials using forwarders from China.

- Products sold under our own brand.

- Distributors established in Tamil Nadu, Kerala, and Maharashtra.

- We have 6 different product verticals.

- Production capacity stands at 50 units per month per product type, with current output at 40 units each.

- Over 7 years of experience in the industry.

- Fully licensed business, holding GST registration, Incorporation certificate, and IE Code for imports and exports.

- Current employee count necessary to manage operations at scale.

Products & Services Overview

We are a manufacturing company focused on designing, producing motorcycle luggage, and safety gear for riders.

Products:

Tank bag.

Tail bag.

Saddle bag.

Hydration backpack.

Tech pouch.

B2B sales.

Assets Overview

Physical assets including office furniture, production machinery, supportive machines, tools and raw materials.

Facilities Overview

We operate from a 650 sq ft space located in Vijayanagar, accommodating 8 employees and necessary machinery. Our monthly rent for this leased space is INR 22,000.

Capitalization Overview

The business is funded by personal funds.

Sole owner.

Self funded operations.

Recent Activity
Tags:

Newly Established Luggage Bag Manufacturing Business Seeking Loan in Bangalore, India

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Newly Established Backpack Manufacturing Business Seeking Loan in Bangalore, India

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Newly Established Handbag Manufacturing Business Seeking Loan in Bangalore, India

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Lend to Newly Established Luggage Bag Manufacturing Business in Bangalore, India

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Newly Established Bags Manufacturing Business Seeking Loan in Bangalore, India

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Newly Established Luggage Bag Manufacturing Business Seeking Loan in Bengaluru

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Lend to Newly Established Backpack Manufacturing Business in Bangalore, India

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Lend to Newly Established Handbag Manufacturing Business in Bangalore, India

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Newly Established Backpack Manufacturing Business Seeking Loan in Bengaluru

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Newly Established Handbag Manufacturing Business Seeking Loan in Bengaluru

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Lend to Newly Established Bags Manufacturing Business in Bangalore, India

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Lend to Newly Established Luggage Bag Manufacturing Business in Bengaluru

·

Newly Established Bags Manufacturing Business Seeking Loan in Bengaluru

·

Lend to Newly Established Backpack Manufacturing Business in Bengaluru

·

Lend to Newly Established Handbag Manufacturing Business in Bengaluru

·

Lend to Newly Established Bags Manufacturing Business in Bengaluru

·

Newly Established Luggage Bag Manufacturing Business Seeking Loan

·

Newly Established Backpack Manufacturing Business Seeking Loan

·

Newly Established Handbag Manufacturing Business Seeking Loan

·

Lend to Newly Established Luggage Bag Manufacturing 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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