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Jewelry Store Seeking Loan in Bangalore, India

Bangalore based retailer of silver jewellery having multiple outlets across the city, serving 15000+ clients.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 10 - 20 %
Industries Jewelry Stores
Locations  Bangalore
Local Time 7:48 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 15.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: Business expansion.
Collateral Available: USD 42 thousand
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Retailer of silver jewellery which is manufactured under our own brand.
- We have multiple stores in Bangalore, located in different malls.
- Tied up with 5 vendors across Karnataka.
- Business has a customer base of 15,000+ customers.
- On a daily basis the sales is INR 80,000.
- These malls are frequented by thousands of people everyday which provides a filip to sales, create visibility and establishes brand awareness.
- Owner has 15 years of experience.
Products & Services Overview
Silver jewellery for women, men and children.
Facilities Overview
Rented stores: 7 stores.
- 700 Sq Ft to 100 Sq Ft each.
Capitalization Overview
Not Disclosed
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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