Jewelry Stores Seeking Loan

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.

We have a chain of jewelry stores with 3 showrooms located in commercial areas. - Have served over 30,000+ satisfied customers till date. - We hand-craft 25% of the jewelry that we sell and purchase the remaining 75% from wholesalers. - To that extent, we have 4 - 5 Bengali karigaars handcrafting the jewelry and are tied up with 20 - 25 suppliers. - Currently, run-rate sales have fallen significantly due to the ongoing pandemic. However, since gold demand is rising rapidly and festivals are approaching, we expect to bounce back rapidly. - We have an average footfall of at least 30 - 40 customers per outlet on a daily basis and have also taken on a cash credit loan. - We have 70 employees working at our retail outlets. - Gross margin on sales is approximately 10%. - Have engaged in paid advertising through digital marketing, hoarding and full page advertisements on local Hindi and Marathi newspapers. We have a website, Facebook page, and Instagram page for the business.

Retail jewellery shop located in a commercial area of Rishikesh, Uttarakhand. - Have around 20-25 vendors from whom we purchase jewellery. - Have database of more than 500 prestigious customers. - On an average, we receive 20-30 customers on a daily basis. - We have a team of goldsmiths working on customer orders. - Business assets include INR 16 Crore worth of stocks (gold and diamonds), building, equipment, website, social media accounts, customer database, furniture, showroom infrastructure, IT Infrastructure.

Retail jewellery shop located in a commercial area of Rishikesh, Uttarakhand. - Have around 20-25 vendors from whom we purchase jewellery. - Have database of more than 500 prestigious customers. - On an average, we receive 20-30 customers on a daily basis. - We have a team of goldsmiths working on customer orders. - Business assets include INR 16 Crore worth of stocks (gold and diamonds), building, equipment, website, social media accounts, customer database, furniture, showroom infrastructure, IT Infrastructure.

Business has been operational for 25 years and is engaged in the manufacturing and sale of gold and silver jewellery. - The business enjoys a strong and loyal customer base which it has built since inception. - The store is situated in a well know commercial area in Kota. - Promoter retired 10 years ago after which the business was leased out. - The promoter's family has now taken charge of the business and is seeking to expand the business. - The business owns its own store and assets in the form of inventory. - Seeking a short term loan to acquire raw materials and meet working capital requirements.