Pawn Shop Seeking Loan in Bangalore, India
Jewellery manufacturer cum retail store and provider of gold loans to a 1,000+ client base.
Premium Plan
| Established | 40-50 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 23.4 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 2 % |
| Industries | Jewelry Stores + 1 more |
| Locations | Bangalore |
| Local Time | 1:07 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: Need for expansion to add more equipments and working capital.
Collateral Available: USD 47 thousand
Includes physical assets worth
USD
200 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Logo
(75.1 KB)
Website Screenshot
(53.9 KB)
Business Overview
- Jewelry business providing manufacturing services, loan services, repair, and servicing for gold jewellery.
- Have catered to 1,000+ B2C clients since inception.
- Generate approximately 50% revenue from gold loan interest.
- Have an offline store and the online store is yet to be launched.
- Manufacture the jewelry under our brand name based on the client's requirement.
- Duration of the manufacturing is based on the jewellery.
- Have 25+ franchises across Bangalore.
- Have an existing delivery set-up along with diamond and gold suppliers.
- Average ticket size of clients is INR 30,000 to 2 lakhs.
- Due to the pandemic the last year's business sales were affected.
- Have catered to 1,000+ B2C clients since inception.
- Generate approximately 50% revenue from gold loan interest.
- Have an offline store and the online store is yet to be launched.
- Manufacture the jewelry under our brand name based on the client's requirement.
- Duration of the manufacturing is based on the jewellery.
- Have 25+ franchises across Bangalore.
- Have an existing delivery set-up along with diamond and gold suppliers.
- Average ticket size of clients is INR 30,000 to 2 lakhs.
- Due to the pandemic the last year's business sales were affected.
Products & Services Overview
Gold jewellery making, repairs, and servicing. Also, provide gold loans.
Assets Overview
INR 30 lakhs of the gold loan portfolio, 700 sq. ft store, and all required furniture and fixtures.
Facilities Overview
We have 900 sq. ft. space with 700 sq. ft. built-up area retail store. It is an owned premises, fully equipped but needs some additional infrastructure to make it systematically working.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Gift Shop, Smethwick, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Education, Bangalore, Individual Investor / Buyer connected with the Business
Tags:
Jewellery Shop Seeking Loan in Bangalore, India
·Jewelry Store Seeking Loan in Bangalore, India
·Pawn Shop Seeking Loan in Bangalore, India
·Lend to Jewellery Shop in Bangalore, India
·Lend to Jewelry Store in Bangalore, India
·Jewellery Shop Seeking Loan in Bengaluru
·Jewelry Store Seeking Loan in Bengaluru
·Lend to Pawn Shop in Bangalore, India
·Pawn Shop Seeking Loan in Bengaluru
·Lend to Jewellery Shop in Bengaluru
·Lend to Jewelry Store in Bengaluru
·Lend to Pawn Shop in Bengaluru
·Jewellery Shop Seeking Loan
·Jewelry Store Seeking Loan
·Pawn Shop Seeking Loan
·Lend to Jewellery Shop
·Lend to Jewelry Store
·Lend to Pawn Shop
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
10 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses