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Apparel Store Seeking Loan in Chandauli, India

Retail garment store with high demand from customers seeking a loan to expand business.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 19 thousand
Run Rate Sales USD 21.3 thousand
EBITDA Margin 20 %
Industries Apparel Stores
Locations  Chandauli
Local Time 2:14 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 15.4 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,300,000)
Reason: To expand our business and bring in more stock to supply the rising demand in the area.
Collateral Available: USD 0
Includes physical assets worth USD 14.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Business Overview
- We are a retail store that sells both men's and women's garments.
- Our business is located in a strategic location in Chandauli where the demand is high and growing.
- The business is owned by the family and is debt free.
- Our main products are sarees which bring in 70% of our sales.
- We receive 20-25 customers on normal days and during peak season we get up to 50-60 per day.
- We have established suppliers from whom we source the products and sell them under our brand.
Products & Services Overview
Sarees.
Jeans.
Trousers.
Bodysuits.
Lowers.
Hats.
Kids garments.
Assets Overview
Stocks worth INR 10 lakhs, furniture, computer.
Facilities Overview
Ground floor 600 sq ft store in Chandauli, Uttar Pradesh with an attached warehouse on the same floor.
The store is owned by the owner.
Capitalization Overview
The business is self-funded with no debt.
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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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