Jewelry Store Seeking Loan in Coimbatore, India
Affordable imitation jewelry retail business, seeking loan for stock increase and expansion.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 6.4 thousand |
| Run Rate Sales | USD 7.7 thousand |
| EBITDA Margin | 30 % |
| Industries | Jewelry Stores |
| Locations | Coimbatore |
| Local Time | 1:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.3 thousand
for
9.0%
annual interest,
3
years
(Native Currency: INR 500,000)
Reason: The funding is sought to strengthen working capital for expanding the jewellery inventory.
Collateral Available: USD 0
Includes physical assets worth
USD
1.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business operates as an imitation jewelry retailer, specializing in affordable and trendy jewelry pieces suitable for various occasions.
- Located in Coimbatore, the business is run from home, providing convenience and low overhead costs.
- Primarily, the business receives orders through online platforms such as Amazon, leveraging these marketplaces for increased visibility and sales.
- In addition to online sales, the store also caters to local customers through in-person orders and purchases, enhancing community engagement.
- The business processes approximately 10-15 orders daily, showcasing its effective customer reach and market demand.
- Revenue is generated through the sale of imitation jewelry, capitalizing on the growing trend of affordable fashion accessories among a diverse customer base.
- Operates with a valid GST certificate.
- Located in Coimbatore, the business is run from home, providing convenience and low overhead costs.
- Primarily, the business receives orders through online platforms such as Amazon, leveraging these marketplaces for increased visibility and sales.
- In addition to online sales, the store also caters to local customers through in-person orders and purchases, enhancing community engagement.
- The business processes approximately 10-15 orders daily, showcasing its effective customer reach and market demand.
- Revenue is generated through the sale of imitation jewelry, capitalizing on the growing trend of affordable fashion accessories among a diverse customer base.
- Operates with a valid GST certificate.
Products & Services Overview
Specializes in affordable and trendy jewelry pieces suitable for various occasions.
Assets Overview
Tangible assets:- Stock of imitation jewellery.
Facilities Overview
Operations are conducted from the owner’s residence.
Capitalization Overview
- Sole owner.- No loans or debts.
Tags:
Jewellery Shop Seeking Loan in Coimbatore, India
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·Lend to Jewellery Shop in Coimbatore, India
·Lend to Jewelry Store in Coimbatore, India
·Jewellery Shop Seeking Loan
·Jewelry Store Seeking Loan
·Lend to Jewellery Shop
·Lend to Jewelry Store
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