Jewelry Store for Sale in Coimbatore, India

- Retailer of gold and silvery jewelry, gifts and accessories (pens and trays). The gold jewelry is our fastest selling product.

- The store is located in the heart of the city in the middle of a market.

- We have one fixed supplier of finished jewelry. The jewelry is displayed and sold directly in our store. The net margin on the sale of the jewelry is approximately 15%. The products are bough on credit.

- We were not operational in the previous month due to the ongoing pandemic.

- The store has a manager and he is responsible for customer relationship and sales.

- We have over 200+ returning customers and maintain a manual customer database with over 150 contacts.

- The business also offers customized jewellery to the clients. To that extent, the business is tied up with 4 jewellery makers.

- We have not engaged in marketing and receive new customers through word-of-mouth promotion. Regardless, we have an active Facebook page.

We sell gold and silver jewellery, gifts and accessories (pens and trays).

The buyer will receive an inventory of gold and silver jewelry worth INR 3,50,000. We also have a split air conditioning unit with 2 ton capacity. The brand is Samsung and it is 1.5 years old. The buyer will also receive a television. The size of the screen is 32 inches and the make is Samsung. The interiors are worth approximately INR 4,00,000.

Additionally, 6 CCTV cameras are included in the transaction. The brand is Hikvision.

We have a retail store on rent. The size is 160 square feet out of which 20 square feet has been allocated for storage.

We pay a monthly rent of INR 12,000 and have already paid a deposit of INR 1,00,000.