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Jewelry Store Seeking Loan in Singapore

Regulated dealer of diamonds in Singapore and Japan with offices in Singapore, Tokyo, Osaka.
This transaction has concluded.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 240 thousand
EBITDA Margin 10 %
Industries Jewelry Stores + 1 more
Locations Singapore
Local Time 12:43 PM Asia / Jayapura
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 20.0% annual interest, 1 year (Native Currency: USD 30,000)
Reason: Promoter seeks funds to procure more diamonds and extend the customer network.
Collateral Available: USD 20 thousand
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Documents
Business Overview
- Business purchase diamonds at significant discounts to sell to jewellers and end consumers in Singapore and Japan.
- We deal with Gemological Institute of America (GIA) certified diamonds.
- We sell GIA certified diamonds to corporate buyers and end-consumers in Singapore and Japan.
- The business receives orders online through its e-commerce website.
- Owner is registered in Singapore as a regulated precious stones and precious metals dealer.
- Owner is registered in Japan as a second-hand goods dealer.
- There are two managers, one in Singapore and one in India.
Products & Services Overview
- We sell Gemological Institute of America (GIA) certified diamonds to corporate buyers and end-consumers in Singapore and Japan.
Assets Overview
Diamonds certified by the Gemological Institute of America.
Facilities Overview
Business operates in a rented facility in Central Region, Singapore paying a monthly rent of SGD 220.
Capitalization Overview
- Business is operating from personal funds.
- There are no loans/ debts on the business.
- Promoter is the sole owner of the business with 100% stake.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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