↩ Go Back
Need help?

Jewelry Store for Sale in Udaipur, India

For Sale: Company offers premium handcrafted jewellery products to its customers through its e-commerce website.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 8 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 10 %
Industries Jewelry Stores + 1 more
Locations  Udaipur
Local Time 9:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 80 thousand (Native Currency: INR 7,000,000)
Reason: The owner wants to diversify into other ventures and wishes to sell this business.
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Our company offers a variety of semi-precious gemstones embellished jewellery pieces handcrafted with Indian art forms like Meenakari, Thewa, hand-paint, and Lack Art under our own brand name.

- Manufacturing is outsourced. We are affiliated with over 10 independent artisans and handcrafted jewellery workshop owners in Jaipur, Udaipur and Mumbai who manufacture these products. We provide them with specific designs and they create custom made pieces for us. Currently, we are offering 15 to 20 different SKUs across all categories.

- Post purchasing these products from artisans, we add a fixed margin percentage on these products and then list them on multiple online platforms under our own brand name.

- We sell our products through two channels: our own e-commerce website affiliated with Shopify and our e-commerce profile on LBB. We do not have any retail sales.

- 90 percent of the orders are received through our own e-commerce website. We actively invest in Facebook and Instagram advertisements where the interested potential customers are redirected to our e-commerce website. Remaining 10 percent of revenue is generated through LBB.

- We receive about 40 to 45 orders every month across all platforms with an average order value between INR 2,500 to 3,000. Our brand has satisfied over 1,000 customers since its inception.

- Our logistics partner is Shiprocket and the courier cost is borne by the customer.

- The brand name has a strong social media presence with over 4,500 followers across multiple platforms.

- This transaction includes the entire business entry, rights and ownership of the brand name, source code and ownership of the e-commerce website, social media accounts, customer database, google advertisement account along with all the physical assets.

- The business is extremely valuable primarily due to the widespread recognition our brand has received in such a short period of time along with a massive surge in customers the business has been receiving.

Products & Services Overview

Our company offers a variety of handcrafted jewellery products such as:

- Earrings.

- Necklaces.

- Rings.

- Bracelets.

- Jewellery sets.

Assets Overview

Physical assets include:

- Inventory for different products.

- Company-owned laptops and printers.

Facilities Overview

- The company vacated its physical office space during the lockdowns imposed by the pandemic.

- Currently, all the employees are running operations remotely.

- The inventory for jewellery products is stored at one of the owner's personal properties. No rent is paid for storage.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

6 Buyers viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more