Jewelry Store Investment Opportunity in Visakhapatnam, India
Established silver jewelry store in Visakhapatnam, seeking investment to expand into gold jewelry sales.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 20 % |
| Industries | Jewelry Stores |
| Locations | Visakhapatnam |
| Local Time | 8:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.17 million
for
35.0%
stake
(Native Currency: INR 100,000,000)
Reason: Seeking investment for expansion into retail of gold jewelry.
The valuation is fair as the business...
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Includes physical assets worth
USD
59 thousand
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Business Name
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Business Overview
- Established jewelry store in Pendurthi, Visakhapatnam, specializing in silver jewelry with a focus on expanding into the lucrative gold jewelry market.
- Current sales channel is primarily offline through the store with strong monthly revenues of approximately INR 15 lakhs.
- The business aims for significant expansion, projecting to grow its workforce to 2,000 employees over the next five years, signaling robust growth plans and workforce development.
- Monthly sales volume is approximately 200-240 grams of silver, indicating active local demand and a steady supply chain from trusted wholesalers.
- Legally compliant with requisite registrations and licenses, including GST, labor laws, and hallmark certification, ensuring credibility and trustworthiness in the jewelry sector.
- There are 2 permanent employees, with additional temporary staff hired as needed for logistics and operations.
- Strategic investment is sought to fuel business expansion and broaden the product line to include gold jewelry, tapping into new markets and increasing the revenue stream.
- The investment would aid in scaling operations and solidifying a strong market presence in Visakhapatnam, with a vision of achieving greater sales through both offline and potential online channels.
- Current sales channel is primarily offline through the store with strong monthly revenues of approximately INR 15 lakhs.
- The business aims for significant expansion, projecting to grow its workforce to 2,000 employees over the next five years, signaling robust growth plans and workforce development.
- Monthly sales volume is approximately 200-240 grams of silver, indicating active local demand and a steady supply chain from trusted wholesalers.
- Legally compliant with requisite registrations and licenses, including GST, labor laws, and hallmark certification, ensuring credibility and trustworthiness in the jewelry sector.
- There are 2 permanent employees, with additional temporary staff hired as needed for logistics and operations.
- Strategic investment is sought to fuel business expansion and broaden the product line to include gold jewelry, tapping into new markets and increasing the revenue stream.
- The investment would aid in scaling operations and solidifying a strong market presence in Visakhapatnam, with a vision of achieving greater sales through both offline and potential online channels.
Products & Services Overview
Offers a range of silver biscuits and jewelry products such as chains, anklets, bangles, rings, and earrings, catering primarily to middle-income customers, young adults, and families in and around Pendurthi, Visakhapatnam. Customers engage with the store through direct, in-person purchases.
Assets Overview
Physical assets include the stock and other store equipment.
Facilities Overview
Operating from a rented store located in Pendurthi, Visakhapatnam. Rent is INR 23k/month.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
Sole proprietorship business.
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