Jewelry Store Investment Opportunity in Pune, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 90 thousand |
Run Rate Sales | USD 100 thousand |
EBITDA Margin | 40 % |
Industries | Jewelry Stores + 1 more |
Locations | Pune |
Local Time | 10:39 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
Profitable, Scalable, High Potential business under the Imitation Jewellery segment. The Indian Fashion Jewellery market has emerged as one of the rapidly growing business segments of the country. In future, the Imitation Jewellery market is expected to grow further with soaring gold and silver prices, rising consumer preference (especially youngsters), availability of more innovative designs and variety etc. Considering these factors, the Imitation Jewellery market in India is anticipated to grow at around 23.5% during 2019-2022.
We initially started business from residence as an Online Jewellery store in Feb 2015 and then we set up a 700 Sq Ft retail showroom in Jul 2017. Currently we sell online & offline on retail & wholesale basis. We are into Imitation Jewellery sales and export our products to 25 countries. We have more than 5,000 products ranging from traditional, bridal and fashion jewellery. The website is up and running for the last 6 years and we have customer base of 15K+ across globe and a re-seller base of 150+ across 8 countries. Our target market is young female crowd.
Founder has 15+ years of industry experience. Our website has integrated payment gateways including Visa, RuPay, Amex, Mastercard, PayPal, Razorpay which covers all major banks in India and also have almost all e-wallets.
Business owns complete source code of the platform. Assets of the business include inventory of Rs 30 lakh and furniture, AC, Inverter, CRM Software, CCTV system & 2 computer systems. We have worked extensively on SEOs and keyword from day one. We get 1,000+ unique visitors on daily basis organically. We have around 500 positive customer reviews on our website and 440 Google reviews accounting to 98% 5 star rating. Our Google review rating is 4.8. We have earned Goodwill within Pune which will be visible in Google reviews. We have a strong business plan in place but falling short of funds to grow and that is the reason we are liquidating stake.
We will be sharing entire details of sources of our products & the details of existing customers & resellers. We have worked very hard to take our brand where it is today. The brand is very close to our heart, we want to grow it even bigger but, as we have exhausted our investment capacity. That’s the only reason to sell stake. One can expect at least 08-10 lakh business monthly by spending around 30K on marketing online & offline.
Last financial year we booked sales of Rs 79 lakh with profit Rs 28 lakh after deducting all expenses.
This brand is ideal for investors from Bengaluru willing to purchase. With good marketing strategy one can expect good sales from 1st day of taking over.
Offer Bridal, fashion, traditional, and rental jewellery.
Physical inventory and stock, furniture, and computer. The business also owns a website, intellectual property rights and customer database.
630 sq ft on ground floor on rental basis.
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Earlier than 15 daysLead Analyst IP, Automotive, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Steel Tubes Manufacturing, Ahmedabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Enterprise Software, Pune, Corporate Investor / Buyer connected with the Business