Jewelry Store Seeking Loan in Deoghar, India
Jharkhand-based gold jewelry retail business that receives 20 customers every day seek funds for expansion.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 1 crore |
| Run Rate Sales | INR 1.2 crore |
| EBITDA Margin | 3 % |
| Industries | Jewelry Stores |
| Locations | Deoghar |
| Local Time | 5:04 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
INR
1 crore
for
10.0%
annual interest,
4
years
(Native Currency: INR 10,000,000)
Reason: - Funds will be used for the expansion of business and marketing.
- The promoter assures that the b...
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Collateral Available: INR 60 lakh
Includes physical assets worth
INR
70 lakh
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(57.5 KB)
Business Overview
- Retailer of jewelry products in a prime location of the city.
- Business manufactures gold jewelry on a very small quantity of 20 to 25 pieces of jewelry every month.
- On average, the business receives around 20 customers every day.
- Currently, the business has an inventory worth INR 50 lakhs.
- The promoter has 21 years of experience in the jewelry shop business.
- Our business has not taken any kind of business loan and does not have any outstanding balance so far.
- The promoter holds 100% shares of the company.
- Business manufactures gold jewelry on a very small quantity of 20 to 25 pieces of jewelry every month.
- On average, the business receives around 20 customers every day.
- Currently, the business has an inventory worth INR 50 lakhs.
- The promoter has 21 years of experience in the jewelry shop business.
- Our business has not taken any kind of business loan and does not have any outstanding balance so far.
- The promoter holds 100% shares of the company.
Products & Services Overview
We provide jewelry of gold, silver, and diamond.
Assets Overview
Furniture, fixture, 12 CCTV cameras, alarm system, weight machine, scanning equipment, computer system, air conditioners, and inventory.
Facilities Overview
We operate in a rented facility of 200 sq ft. The rent is INR 7,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Jamshedpur, Financial Consultant connected with the Business
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