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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 2.4 million
Run Rate Sales USD 3 million
EBITDA Margin 15 %
Industries Jewelry Stores
Locations  Rishikesh
Local Time 11:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3 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 3.6 million
Includes physical assets worth USD 3 million
Interested to connect with advisors
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Business Name
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IEC
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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
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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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