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Jewelry Store Seeking Loan in New Delhi, India

Diamond jewelry retail business in New Delhi is looking to expand pan India.
This transaction has concluded.

Established 130-140 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 660 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 40 %
Industries Jewelry Stores
Locations  New Delhi
Local Time 10:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 million for 10.0% annual interest, 15 years (Native Currency: INR 1,000,000,000)
Reason: Looking to expand the business in other cities.
Collateral Available: USD 10 million
Includes physical assets worth USD 1.3 million
Documents
Business Overview

- A family-owned diamond jewelry business started in 1890.

- Currently, we have a single store located in New Delhi & looking to expand across India.

- We manufacture around 3,000 carats of diamonds annually.

- We import raw material required for the business from Belgium.

- On a daily basis, we serve more than 12 customers.

Products & Services Overview

Diamond jewelry store.

Facilities Overview

The outlet is 800 Sq. Ft & owned by the company.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Manager, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Gurgaon, Investment Bank connected with the Business
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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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