Jewelry Store Investment Opportunity in Madurai, India

Jewelry store for gold, silver and diamond products located at major commercial area of Madurai.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 20 - 30 %
Industries Jewelry Stores
Locations  Madurai
Local Time 5:26 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 400 thousand for 50.0% stake (Native Currency: INR 30,000,000)
Reason: We have been running a coal business for more than 30 years and are looking for an investor with cor... View More
Includes physical assets worth USD 400 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Store Front
GST Certificate
Business Overview

Jewelry store located in the heart of Madurai in Amman Sannathi. It is the culminating point for many international pilgrimages and tourists. Our shop is spread across two floors and has luxurious interiors and a lift. There is also a lock room facility. The property is owned by the proprietor and has single ownership. Nearby shops deal with brass and bronze articles which means there is not much competition for us. Our last year's turnover was low as the business was still new. This year onward, the revenue has increased as we have invested in marketing and promotion of our brand.

Products & Services Overview

Pooja articles, gift articles, diamond, gold, silver jewelry.

Facilities Overview

Shop is spread on ground and first floor. Each floor is of 1,200 sq ft. The shop is owned by the proprietor but is rented in the name of the firm.

Recent Activity
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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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