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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 18 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 25 %
Industries Jewelry Stores
Locations  Kota
Local Time 3:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.6 thousand for 12.0% annual interest, 2 years (Native Currency: INR 300,000)
Reason: Working capital to acquire raw materials.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
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Business Name
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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.

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
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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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