Jewelry Store Seeking Loan in Ahmedabad, India
Established jewelry store in Ahmedabad selling gold and silver jewelry through own store, seeks funding.
| Established | 30-40 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 27.6 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Jewelry Stores |
| Locations | Ahmedabad |
| Local Time | 10:32 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Recently Active |
Seeking Loan
USD
44 thousand
for
10.0%
annual interest,
6
years
(Native Currency: INR 4,000,000)
Reason: Need funds for working capital.
The capital injection aims to stimulate business growth and improve...
View More
Collateral Available: USD 22 thousand
Includes physical assets worth
USD
100 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Registration
(154.5 KB)
Business Overview
- Jewelry store located in Ahmedabad specializing in gold and silver jewelry.
- The business has a loyal clientele of around 300 customers built over time.
- The store receives approximately 5-6 customers each day, indicating a steady flow of business and opportunities for sales.
- This jewelry venture has a strong history as it has been inherited from the owner's father, providing a traditional and trusted source for customers.
- The store generates income through direct sales of gold and silver products, creating financial sustainability through its unique offerings.
- Business has a GST certificate.
- Business owns real estate and has gold inventory which makes the asset value high and cannot be liquidated. Loan is required for working capital.
- The business has a loyal clientele of around 300 customers built over time.
- The store receives approximately 5-6 customers each day, indicating a steady flow of business and opportunities for sales.
- This jewelry venture has a strong history as it has been inherited from the owner's father, providing a traditional and trusted source for customers.
- The store generates income through direct sales of gold and silver products, creating financial sustainability through its unique offerings.
- Business has a GST certificate.
- Business owns real estate and has gold inventory which makes the asset value high and cannot be liquidated. Loan is required for working capital.
Products & Services Overview
We sell gold chains, silver payal, and rings to customers via our store.
Assets Overview
Key assets include own shop property valued at INR 70 lakh and stock worth INR 20 lakh.
Facilities Overview
Operating from our own shop of 200 sq ft on a single floor.
Capitalization Overview
The sole proprietor has invested own funds and doesn't have any extenal partners. Having a loan of around INR 3 lakh.
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
4 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 65,000+ other businesses of all sizes.
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