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Jewelry Store Seeking Loan in Bangalore, India

Retailers of Gold & Silver based out of Bangalore located in a commercial building.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Jewelry Stores
Locations  Bangalore
Local Time 10:44 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: To get more stock & for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Image
GST ID
Business Overview

- Retailers of gold & silver based out of Bangalore.

- Retail shop located in a commercial building with a great footfall in the region.

- Business owner has more than 10 years of experience in the industry.

- Tied up with 5 vendors in Bangalore.

- Have 15 regular customers. They have been visiting us since we started the business.

Products & Services Overview

Gold & Silver products for women, men and children.

Facilities Overview

- Office space of 1,500 Sq. Ft on rent.

- Office address - No 628, Nr Complex, 1st Floor, Tumkur Road, Jalahalli Cross, Bangalore-560057.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Bangalore, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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