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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 20-30 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 - 30 %
Industries Jewellery
Locations  Varanasi
Local Time 1:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 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 180 thousand
Includes physical assets worth USD 60 thousand
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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

Own business place of 500 sq ft, safe vault for storing precious jewellery, metals and cash.

Capitalization Overview
Not Disclosed
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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