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
Business Details
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
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