Need help?

Apparel and Accessories Business Seeking Loan in Chennai, India

Clothing brand that designs unique geometry-based clothing seeks funding to expand the product line.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 3.5 thousand
EBITDA Margin 20 %
Industries Apparel and Accessories
Locations  Chennai
Local Time 7:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 12.0% annual interest, 8 years (Native Currency: INR 3,000,000)
Reason: Seeking funds to expand the product line and for working capital.
Collateral Available: USD 176 thousand
Includes physical assets worth USD 8.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Business is a clothing brand that designs and manufactures geometry-based clothing for men and women. Currently, we only design and manufacture T-shirts and tops.
- Our brand aims to set a global presence by catering to different cultures and embracing their traditions.
- We design our clothing with 3 artists and outsource the manufacturing process to a third-part manufacturer in Tirupur. The procurement of fabrics is also carried out by the manufacturer since different designs require a specific type of printing.
- Products are sold through eCommerce platforms such as Amazon and Flipkart. Also, we have our own eCommerce platform but have not marketed or promoted the brand yet.
- Revenue Split: Amazon generates 60% of our revenue, Flipkart generates 35% of our revenue, and the rest is from our own eCommerce platform.
- Have a good online presence on Facebook (1,300+ likes) and Instagram (500+ followers).
- We are seeking funds to expand the product line by selling headwear, footwear, wallets, sunglasses, watches, ornaments, and bags, just to name a very few.
- Business owned assets include the stock.
Products & Services Overview
Own branded t-shirts and tops for men and women.
Facilities Overview
We do not have a physical presence at the moment and the products are stocked at our residence.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more