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Jewelry Store Seeking Loan in Rishikesh, India

Retail gold & diamond jewellery store in Rishikesh, receiving 30-40 customers on a daily basis.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.34 million
Run Rate Sales USD 2.8 million
EBITDA Margin 15 %
Industries Jewelry Stores
Locations  Rishikesh
Local Time 5:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.9 million for 10.0% annual interest, 10 years (Native Currency: INR 250,000,000)
Reason: Increase showrooms unit in more cities in Uttarakhand and soon we would be opening a new showroom in... View More
Collateral Available: USD 3.5 million
Includes physical assets worth USD 2.9 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
GST Certificate
IEC
Visting Card
Business Overview
- Retail jewellery shop located in a commercial area of Rishikesh, Uttarakhand.
- Have around 20-25 vendors from whom we purchase jewellery.
- Have database of more than 500 prestigious customers.
- On an average, we receive 20-30 customers on a daily basis.
- We have a team of goldsmiths working on customer orders.
- Business assets include INR 16 Crore worth of stocks (gold and diamonds), building, equipment, website, social media accounts, customer database, furniture, showroom infrastructure, IT Infrastructure.
Products & Services Overview
Gold jewellery, diamonds, exclusive design silver antique diamonds collections. Also deals in Solitaire.
Facilities Overview
Owned 3,000 Sq Ft showroom, 2 floors. And want to open a 5,000 Sq Ft showroom soon in Dehradun, Uttarakhand.
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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