Jewellery Company Seeking Loan in Riyadh, Saudi Arabia

Manufacturer & Retailer with 10 gold & diamond jewelry outlet operating for 3decades seeks funding.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 50 million
EBITDA Margin
12 %
Industries
Jewellery + 1 more
Local Time
11:28 AM Riyadh
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 4 million for 10.0% annual interest, 6.0 years (Native Currency: SAR 15,000,000)
Reason: Expanding our wholesale wing and expanding to other countries, need working capital and add wholesal... View More
Collateral Available: USD 8 million
Includes physical assets worth USD 15 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Investment License
Business Overview

- Manufacturers & Retailers of gold & diamond jewelry based out of Riyadh.

- Business has 34 years of experience in gold & diamond manufacturing.

- Manufacturing capacity is 20 Kilos of gold per day & 15 carats diamond per day.

- We supply to 5 wholesalers and own 10 retail outlets across Saudi and Bahrain.

- Our company has strong goodwill among end consumers.

Products & Services Overview

Manufacturing casting jewellery, Hand made jewellery & Italian machine chains having 10 retail showrooms.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Business Consultant, Tuscaloosa, Financial Advisor accepted business proposal
  • Earlier than 15 days
    GM, Andhra Pradesh, Financial Advisor accepted business proposal
  • Earlier than 15 days
    CEO, Mumbai, Financial Advisor accepted business proposal
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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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