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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 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 10 - 20 %
Industries Jewelry Stores
Locations  Bangalore
Local Time 12:55 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 15.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: Business expansion.
Collateral Available: USD 47 thousand
Includes physical assets worth USD 270 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.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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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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