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Jewelry Store Seeking Loan in New Delhi, India

Jewellery retail shop receiving 15-20 customers daily seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Jewelry Stores
Locations  New Delhi
Local Time 11:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 36 thousand for 12.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Need funds to keep more stock.
Collateral Available: USD 100 thousand
Includes physical assets worth USD 8.4 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We have more than 1,500+ clients.

- Receive around 15-20 customers daily.

- We give karegaar gold to prepare ornaments. We buy gold from local bullion.

- We have our 2 retail shops in a local area.

- Have GST and MSME certificates.

- The promoters have good knowledge of this business.

Products & Services Overview

All types of Gold and Silver jewelry.

We are a retailer.

Local customers use them for use in daily wear or in marriage.

Assets Overview

The stock of around INR 22 lakh, laptops, furniture, and glass mirrors.

Facilities Overview

One shop is our own which is on a 222 sqft. It is located in the southwest of the city.

And second one is on rent which is on a 268 sqft area.

Capitalization Overview

This our family business.

We are 3 owners of business.

We have around INR 40 lakh of loan.

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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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