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Women's Apparel Store Seeking Loan in Singur, India

Seeking Loan: Manufacturing, wholesale and retail of abaya and scarf from 2 outlets.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 %
Industries Women's Apparel Stores
Locations  Singur
Local Time 2:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 36 thousand for 10.0% annual interest, 10 years (Native Currency: INR 3,000,000)
Reason: To increase inventory and open more outlets.
Collateral Available: USD 3.6 thousand
Includes physical assets worth USD 3.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Promoter has 10 years of experience in this business.

- We have 2 retail stores where we also manufacture certain products and cater to wholesale clients.

- We have a business wonderful relationship with the whole team.

- Business has 20-30 wholesale clients and 1,000+ regular retail customers.

- Daily, we receive 10-20 retail customers to each outlet.

Products & Services Overview

We sell all types of abaya, scraf, hijab, dupatta, salwar suits, gowns, lehenga, kurti, plazo, lungi.

Assets Overview

Main assets are shop interiors and inventory.

Facilities Overview

This is a rented facility of approx 1,700 sq ft in a prime location of Singur (Nalikul).

Another rented outlet is in Hooghly.

Capitalization Overview

Single shareholder in the business.

Promoter has a loan from Bandhan Bank and looking to clear it because of high-interest rate.

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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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