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Women's Apparel Store Seeking Loan in Guntur, India

Business selling sarees and tailoring materials from residence, seeks funds to setup own boutique.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4 thousand
Run Rate Sales USD 4.3 thousand
EBITDA Margin 10 %
Industries Women's Apparel Stores
Locations  Guntur
Local Time 9:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.6 thousand for 15.0% annual interest, 4 years (Native Currency: INR 300,000)
Reason: Planning to set up our own boutique and we are looking for funds to open the shop.
Collateral Available: USD 120
Includes physical assets worth USD 120
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- Business selling sarees and tailoring materials.

- We do not have a retail shop and are selling the products from our residence.

- Have 2-3 local suppliers from whom we procure the products.

- We get our clients through reference from family members and also have 2-3 local distributors who sell to clothing retailers.

- Selling products worth INR 30,000 - 35,000 on monthly basis.

- Planning to set up our own boutique and we are looking for funds to open the shop. We already have a registered business entity.

- Promoter has over 4 years of industry experience.

- Business owned assets include stock.

Products & Services Overview

Selling sarees and tailoring materials.

Facilities Overview

We are operating from our residence at the moment.

Capitalization Overview
Not Disclosed
Recent Activity
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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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