Jewelry Store Seeking Loan in Kota, India

25 year old Kota based jewelry store with strong client base seeking working capital.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 24 thousand
EBITDA Margin
25 %
Industries
Locations
Local Time
1:33 AM Delhi
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 4 thousand for 12.0% annual interest, 2 years (Native Currency: INR 300,000)
Reason: Working capital to acquire raw materials.
Collateral Available: USD 66 thousand
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
Recent Activity
  • Earlier than 15 days
    Business Analyst, Mumbai, Business Broker connected with this 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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