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Newly Established Jewelry Store for Sale in Bengaluru, India

For Sale: Small-scale jewelry business located in Kumbalgodu on the southwest outskirts of Bangalore.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10.4 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin 0 - 10 %
Industries Jewelry Stores
Locations  Bengaluru
Local Time 12:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 10.4 thousand (Native Currency: INR 1,000,000)
Reason: Health issues faced by the owner, prompting the sale of the business. We are also open to getting an... View More
Includes physical assets worth USD 7.8 thousand
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Business Name
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Business Overview
- Jewelry store specializing in retailing bangles, established about one year ago and operated by a husband-and-wife team.
- The latest monthly sales are around INR 80 thousand with annual sales of INR 10 lakh last year.
- Our sales have slowly been reducing due to the health issues faced by the promoter.
- The business has no outstanding loans and holds tangible assets worth approximately ₹7.5 lakh.
- Business's sales have not reached the GST threshold yet, and we do not have a GST. The business has Labour License and Shop Act License.
Products & Services Overview
Retail sale of jewelry, with the top selling product category being readymade bangles for walk-in customers and local buyers. We also provide repair services for electronics and also sell toys for kids.
Assets Overview
Tangible business assets including jewelry inventory, shop furniture, fixtures, equipment, and electronics repair tools.
Facilities Overview
The business operates from a rented ground floor shop in Kumbalgodu, Bangalore.
Capitalization Overview
- The business is owned by a sole proprietor.
- There are no outstanding loans or external debts.
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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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