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Jewellery Company Seeking Loan in Riyadh, Saudi Arabia

Manufacturer & Retailer with multiple gold & diamond jewelry outlets operating for 3 decades seeks funding.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 40 million
Run Rate Sales USD 50 million
EBITDA Margin 12 %
Industries Jewellery + 1 more
Locations  Riyadh
Local Time 4:27 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4 million for 10.0% annual interest, 6 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
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 multiple 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 multiple retail showrooms.

Facilities Overview

Factory is 800 square meter and multiple retail factory outlets of 150 square meter each. All premises are on rent. Company owns land for accommodating factory labor.

Recent Activity
  • Earlier than 15 days
    Independent Advisor, Jeddah, Financial Consultant connected with the Business
  • Earlier than 15 days
    Senior Consultant, Gurgaon, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
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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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