Listing Details : LB-16514

Investment Required 50 Lacs
Turnover 35 Lacs
Legal Entity Private Limited
Category Wholesale & Distribution
Sub Category Distributors
Business Listed By Business Owner

Overview

Established in 2012, our gold and silver bars distribution company in Chennai has been serving both jewellery stores and direct consumers. We currently maintain strong relationships with 7-10 jewelry retailers, sourcing our products directly from manufacturers to ensure quality and competitiveness. This year, we are poised to achieve a topline revenue of 50-55 lakhs, reflecting strong growth. As demand continues to rise, we see significant potential for business expansion in the future. Our dedicated team of three professionals is engaged in the efficient distribution of these precious metals. However, to scale further, we face challenges with capital availability. To address this, we are open to exploring joint ventures with niche investors who can provide the necessary capital infusion in exchange for equity, enabling us to expand and meet the increasing market demand. With a thriving industry and a promising outlook, we are well-positioned for continued success in the years ahead

Year of Establishment

2012

No. of Employees

3

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

35 Thousand

Proposed Deal Structure

N.A

Competition / Market

Yes, few competition is here

Products & Services

Retail distribution of Gold and Silver bars

Growth Potential

High growth

Financial Details

Contact Business