Gold Jewellery Business Raising Funds In Chennai
About Business
Jewellery Business Overview
Started in 2020, this jewellery business deals in original gold and silver products across all categories.
Operations
The making is managed through third-party manufacturers, and products are also purchased directly from wholesalers. The business mainly runs on a trading model.
Expansion Plan
The promoters now plan to expand into the diamond jewellery category to strengthen the product range and capture new market opportunities.
Infrastructure
The total premises size is 2,400 sq. ft., with 330 sq. ft. as the built-up area. The remaining open space is planned to be developed for expansion.
Clientele type
The primary customers for the gold jewellery come from the nearby local areas.
Premises
OWNED
Premise Size: 330
Market Value (in INR): 40.00 L
Asking Price Includes
The terms of the transaction will be finalized in discussion with the potential investor.
Asking Price
INR 50.00 L
Minimum ticket size
INR 50.00 L
Reason
The plan is to launch a new diamond segment while also developing additional infrastructure to utilize the remaining open area. Funding is also required for working capital, considering the high gold prices.
Keywords
Business Tags
₹10 to ₹200 Cr
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