Profitable Jewellery Business Seeking Loan in Varanasi, India

Jewelery trader that procures gold product from 10+ vendors and sells to 50+ B2B customer.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 160 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
1:41 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 200 thousand for 14.0% annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: Growth and expansion of business by increasing range of products and stock quantity to access larger... View More
Collateral Available: USD 200 thousand
Includes physical assets worth USD 66 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- The firm is in this industry since 2002 and has good business relationship in the market with suppliers and buyers.

- Procure gold jewellery from 10-15 vendors from Varanasi, Delhi, Mumbai, Rajkot, Coimbatore and sell it to 35-40 B2B customers such as wholesalers and retail shops based in Uttar Pradesh, Bihar, Jharkhand.

- Current clients are from Northern India and we plan to expand our customer base with effective marketing strategies in different locations offering different category of products.

- Business aims to generate high growth rate by reaching out to new sets of customers in unexploited markets.

- The firm has owned property and safe vault for storing precious jewellery.

Products & Services Overview

Trades gold jewellery of 14k, 18k and 22k.

Facilities Overview
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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