Jewelry Store Seeking Loan in Bridgetown, Barbados
Barbados-based high-quality jewelry supply business for creative minds with 1,776 clients, seeks funding for expansion.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 15 % |
| Industries | Jewelry Stores |
| Locations | Bridgetown |
| Local Time | 6:57 PM America / Barbados |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
12.5 thousand
for
4.0%
annual interest,
5
years
(Native Currency: BBD 25,000)
Reason: Seeking funding to invest in marketing channels expansion and stock procurement.
Collateral Available: USD 0
Includes physical assets worth
USD
18 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certification of Registration
(184.1 KB)
Business Overview
- Specializing in high-quality jewelry supplies, this Bridgetown-based business caters to creative minds with an ever-growing customer database of 1,776 contacts.
- Operating in Barbados, a market of 280,000 people, our primary sales channel is a physical store, generating an Average Order Value (AOV) of BBD 20-70.
- Stock is sourced from reliable suppliers in China and the USA, ensuring a consistent supply of quality products.
- Renowned locally for premium products and exemplary service, we aim to expand our footprint to the European market.
- The potential for growth is substantial, with strategies in place to leverage the growing reputation and established customer base.
- Investment could pave the way for channel diversification, tapping into online sales, and broadening access to the European jewelry markets.
- Operating in Barbados, a market of 280,000 people, our primary sales channel is a physical store, generating an Average Order Value (AOV) of BBD 20-70.
- Stock is sourced from reliable suppliers in China and the USA, ensuring a consistent supply of quality products.
- Renowned locally for premium products and exemplary service, we aim to expand our footprint to the European market.
- The potential for growth is substantial, with strategies in place to leverage the growing reputation and established customer base.
- Investment could pave the way for channel diversification, tapping into online sales, and broadening access to the European jewelry markets.
Products & Services Overview
Our top-selling products include jewelry beads and charms, catering to a wide demographic ranging from five-year-olds to retirees. Customers use these items to craft personalized bracelets, necklaces, and earrings, tapping into their creative passion for making jewelry.
Assets Overview
Physical assets include:- Shipping container.
- Suzuki Grand Vitara.
- BBD 11,384 worth stock.
Facilities Overview
We operate from and own our air conditioned shipping container, located in St. Michael, Bridgetown.
Capitalization Overview
Self-funded.No outstanding loans or external funding obtained.
There is 1 owner/director in the business.
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