Jewelry Store Investment Opportunity in Moradabad, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 50 - 60 thousand |
Run Rate Sales | USD 165 thousand |
EBITDA Margin | Nil |
Industries | Jewelry Stores |
Locations | Moradabad |
Local Time | 6:12 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The company operates primarily through e-commerce platforms, with a strong presence on eBay and Etsy, where they generate 60% of their revenue.
- The rest of the revenue is through there own website.
- In the past year, the company has seen significant growth, connecting with 200 new customers out of which 40% are repeat clientele and generating INR 18L in profit from e-commerce platforms, including their own website.
- The company has a diverse product range, including rubies and emeralds, and currently sources its products from 5 vendors.
- The company offers certified gemstones with lab certifications such as IIGJ, IGI, ICI-GTL, and GIA, and has import and export licenses to supply products on eBay and Etsy.
- The company has tie-ups with 3 labs to receive these certifications.
- The current average monthly sales is forecasted to increase to the rise in the number of orders bringing the anticipated revenue at the end of the year to be around INR 70 Lakhs.
- The best-selling products are rubies and emerald.
There are no loans and liabilities under the business.
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Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProduct Marketing Associate, Software Development, Chennai, Individual Investor / Buyer connected with the Business