Jewelry Store Seeking Loan in Bangalore, India

Gold and diamond jewellery business catering to 300 domestic clients seeks funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 74 thousand
EBITDA Margin 15 %
Industries Jewelry Stores
Locations  Bangalore
Local Time 6:49 AM Bangalore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 140 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Expansion of the business.
Collateral Available: USD 400 thousand
Includes physical assets worth USD 10 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Business deals in manufacturing and retailing of gold and diamond jewellery. We also produces silver articles.

- Have tie ups with 300 clients in Karnataka and a few from Maharashtra.

- Caters to both B2C and B2B clients.

- Also operates through social media pages like Facebook.

- Owner has 10 years of experience.

Products & Services Overview

- Natural gemstone, Diamond jewellery, Silver articles.

Facilities Overview

Rental with 240 Sf Qt.

Recent Activity
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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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