Listing Details : LB-16001

Asking Price 1 Crs
Turnover 1.2 Crs
Legal Entity Proprietorship
Category Retail
Sub Category Jewellery Showroom
Business Listed By Business Owner

Overview

A chain of jewellery retail outlets in Chennai, Tamil Nadu, available for sale or joint venture. The business currently operates three outlets, with one Franchised and two available for sale. Specializing in both artificial and original silver and gold jewellery, this brand caters to a niche market and holds strong growth potential. With monthly sales averaging between ₹10 lakhs and ₹13 lakhs across the two operational outlets, the business has been steadily catering to customers in Tamil Nadu. Jewellery is procured through established contracts with three manufacturers based in Tamil Nadu and Kerala, ensuring a reliable and quality supply chain. The current owner seeks to exit the business due to a lack of funds, presenting an excellent opportunity for interested buyers or partners. This venture, with its strong brand presence and existing customer base, promises significant potential for expansion and profitability under the right leadership.

Year of Establishment

N.A

No. of Employees

7

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

78 Thousand

Describe Property

N.A

Competition / Market

Yes, competition is there

Products & Services

Silver and Gold Jewellery stores

Growth Potential

Very high growth

Reason For Sale

Not have enough funds to expand or if we get funding for our business, we are also open for it

Financial Details

Business Deals
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