Jewellery Business Seeking Loan in Varanasi, India
Jewelery trader that procures gold product from 10+ vendors and sells to 50+ B2B customer.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 111 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Jewellery |
| Locations | Varanasi |
| Local Time | 7:45 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
176 thousand
for
14.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: Growth and expansion of business by increasing range of products and stock quantity to access larger...
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Collateral Available: USD 176 thousand
Includes physical assets worth
USD
59 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Registration Certificate
(116.6 KB)
Business Overview
- The firm is in this industry since 2002 and has good business relationship in the market with suppliers and buyers.
- Procure gold jewellery from 10-15 vendors from Varanasi, Delhi, Mumbai, Rajkot, Coimbatore and sell it to 35-40 B2B customers such as wholesalers and retail shops based in Uttar Pradesh, Bihar, Jharkhand.
- Current clients are from Northern India and we plan to expand our customer base with effective marketing strategies in different locations offering different category of products.
- Business aims to generate high growth rate by reaching out to new sets of customers in unexploited markets.
- The firm has owned property and safe vault for storing precious jewellery.
- Procure gold jewellery from 10-15 vendors from Varanasi, Delhi, Mumbai, Rajkot, Coimbatore and sell it to 35-40 B2B customers such as wholesalers and retail shops based in Uttar Pradesh, Bihar, Jharkhand.
- Current clients are from Northern India and we plan to expand our customer base with effective marketing strategies in different locations offering different category of products.
- Business aims to generate high growth rate by reaching out to new sets of customers in unexploited markets.
- The firm has owned property and safe vault for storing precious jewellery.
Products & Services Overview
Trades gold jewellery of 14k, 18k and 22k.
Facilities Overview
Own business place of 500 sq ft, safe vault for storing precious jewellery, metals and cash.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Healthcare Supply And Services, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Retail & Real Estate, Varanasi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Jewellery Business Seeking Loan in Varanasi, India
·Lend to Profitable Jewellery Business in Varanasi, India
·Profitable Jewellery Business Seeking Loan in Banaras
·Lend to Profitable Jewellery Business in Banaras
·Profitable Jewellery Business Seeking Loan
·Lend to Profitable Jewellery Business
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