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Jewelry Store Seeking Loan in Cheras 9 Miles, Malaysia

Well-established jewelry business with 5 years of experience, seeking a loan to open new showroom.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 86 thousand
Run Rate Sales USD 155 thousand
EBITDA Margin 30 %
Industries Jewelry Stores
Locations  Cheras 9 Miles
Local Time 9:18 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 86 thousand for 7.0% annual interest, 8 years (Native Currency: MYR 400,000)
Reason: - Expanding business and taking the brand to the next level by opening a new showroom. - Loan amoun... View More
Collateral Available: USD 0
Includes physical assets worth USD 21.5 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
SSM license
Bank Statement
Bank Statements
Transactions
Tax Returns
Business Overview
- Business gets more than 200 customers monthly.
- We import gold from China and make jewellery and gold bars from it.
- Promoting in all social media with good responses.
- We have relationships with many gold Manufacturers in Malaysia.
- The owner has 5 years of experience in the business.
- Due to demand in the market there is an increase in the sales.
- Our 2 employees efficiently manage all the business operations.
- Business has a gold license, Registration certificate, and machine license.
Products & Services Overview
We make and sell gold 916/999 jewels, custom gold ornaments, and gold bars.
Assets Overview
The physical assets include stocks and machinery.
Facilities Overview
The facility is 900 square feet, with a monthly rent of MYR 5,000.
Capitalization Overview
- No outstanding loans on business.
- The owner holds a 100% share of the business.
Recent Activity
  • Earlier than 15 days
    Sales Manager, Petaling Jaya, Financial Consultant connected with the Business
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1 Investor contacted this Business this month. Register below to connect now!
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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