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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 85 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 30 %
Industries Jewelry Stores
Locations  Cheras 9 Miles
Local Time 5:16 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 85 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 thousand
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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.

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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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