Jewelry Store Seeking Loan in Kota, India
25 year old Kota based jewelry store with strong client base seeking working capital.
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 17.6 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 25 % |
| Industries | Jewelry Stores |
| Locations | Kota |
| Local Time | 8:46 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
3.5 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 300,000)
Reason: Working capital to acquire raw materials.
Collateral Available: USD 59 thousand
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
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Business Overview
- Business has been operational for 25 years and is engaged in the manufacturing and sale of gold and silver jewellery.
- The business enjoys a strong and loyal customer base which it has built since inception.
- The store is situated in a well know commercial area in Kota.
- Promoter retired 10 years ago after which the business was leased out.
- The promoter's family has now taken charge of the business and is seeking to expand the business.
- The business owns its own store and assets in the form of inventory.
- Seeking a short term loan to acquire raw materials and meet working capital requirements.
- The business enjoys a strong and loyal customer base which it has built since inception.
- The store is situated in a well know commercial area in Kota.
- Promoter retired 10 years ago after which the business was leased out.
- The promoter's family has now taken charge of the business and is seeking to expand the business.
- The business owns its own store and assets in the form of inventory.
- Seeking a short term loan to acquire raw materials and meet working capital requirements.
Products & Services Overview
Gold and silver jewellery.
Facilities Overview
Owned facility space of 400 sq. ft. on the ground floor.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysInvestment Associate, Mumbai, Business Broker connected with the Business
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