Photo - HI-MATE
24522

HI-MATE

You wear your attitude

India, Gujarat
Market: Production, Trade, Services
Stage of the project: Idea or something is already done

Date of last change: 29.12.2017
Min amount of loan
$  5.000
Estimated yield
12 % a year
Go to the owner's profile
1
Total required
$ 20.000
Rating
equalizer from 1000
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Idea

HI-MATE fashion hub is a new brand coming into the market. We provide ready made appeals for men. We also want to provide services to our customers for the made to order apparel.

Current Status

The current status is just a beginning of the new brand however I have been doing my business in this field for five years. I have customers over 1000 to start with.

Market

As I mentioned above that the large group of customers are their with company who are mainly doctors, lawyers, officers, bank managers, teenagers, etc.
Having these type of different customers makes company go in a large group in the future.

Problem or Opportunity

First of all people are more aware now a days of their dressing style and they know that this guy would definitely give them accurate fitting and high quality fabric.

Competitors

ARROW
VERSACHE
LEE
LEVERPOOL
JADE BLUE

Advantages or differentiators

Pure material and quality material will be used.
It has unique brand name and logo which makes more difference from other brands.

Finance

Well I think, as per market the company is hoping to reach $ 100000 amount of sale in next three to four years.

Loan terms

36 months

Interest rate, %

12

Business model

The company will mainly focus on retailers to start with.
The company is already making contacts and making deals this retailers.
Nearly 33 districts and from each districts company will have 10 retail customers that comes to 330 customers each year one retailer gives business around $4000 every year, the bunnies would be $132000 in a year only.

Solution (product or service)

Main area of my production will be making high quality shirts, jeans and overcoat. Further the company wants to provide our client 'MAKE TO ORDER' facility.

The purpose is to make our customer to satisfy.

Risks

Well right now, as per the market going I don't see that this business wouldn't work out.
However it that happens I have a back up plans.

Incubation/Acceleration programs accomplishment

No

Won the competition and other awards

No
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Team or Management
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation