Gold Jewellery Business Raising Funds In Chennai

Listing ID: SL025150
Posted By: Owner
Last Active: 1 month ago
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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.

Business Tags

Gold Jewellery Business Raising Funds In Chennai

₹10 to ₹200 Cr

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