Licensed, and insured retail showroom providing high-quality and attractive jewelry in 108 antique designs.

₨.7500000

 (Negotiable)

Description

Price Range : Rs.50Lakh-Rs.1 Crore
Business Type : Sole Proprietorship/Sole Trader
Establishment Year : 2023
Employees : 5-10
Sales Turnover : NIL
Profit Margin : NIL
Sale Type : Full Sale, Assets
Reason for Sale : The business was owned by my uncle who passed away untimely due to cardiac arrest
Location : Hyderabad, Telangana, India

BusinessOverview

Licensed,and insured retail showroom providing high-quality and attractive jewelry in108 antique designs looking for buyers.•

Products& Services Overview

1. Jewelleryproducts: Our main jewellery products that will be designed as well asmanufactured by us include rings, necklaces, earrings, anklets, bracelets,lockets, and pendants.

2. Jewellerysets: This category includes jewellery sets designed and manufactured by us. Ajewellery set includes similarly designed rings, necklaces, earrings, andbracelets.

3.Customised jewellery: We will also make customised jewellery in accordance withthe design requirements of our customers. The customers can either provide uswith their desired designs or can tell us their requirements through anychannel.

4. Jewelleryrepairing, resizing & polishing: We will also provide repairing, resizingand polishing services to our customers. These services are aimed at thosepeople who receive jewellery as gifts but the sizes don’t match quite exactlyand they have to resize them as per their size requirements. Similarly,jewellery owners also need to regularly polish their jewellery products for abetter look. These services are not aimed to directly generate revenue,instead, we aim to promote our products by providing these services to thejewellery owners.

Ourjewellery products will be made from silver, & gold. Platinum will only beused in customised products at the request of customers. Customers will also beable to order our products online via our official website.

AssetsOverview

Retailspaces: Spanning the first and second floors, equipped with display cases,lighting, signage, and furniture.

Officespace: Situated on the third floor, inclusive of office furniture such asdesks, chairs, and filing cabinets, and equipped with necessary technology suchas computers, printers, and telephones.

Strong room:Located on the third floor, outfitted with high-security measures includingstrong room door, locks, CCTV systems, alarm systems, and safes. The strongroom setup alone was INR 25 lakh.

Fourth-floorspace: Partially developed with completed flooring and toilets, offering thepotential for future utilization.

Buildinginfrastructure: Comprising the physical structure, including integral systemslike electrical wiring, plumbing, and HVAC system.

Lighting andelectrical fixtures: Integral for product display, enhancing the appeal ofproducts.

Decor andfurnishings: Art pieces, decor, and additional furnishings contribute to thestore’s ambiance.

Point ofsale systems: Hardware for handling transactions, such as cash registers,credit card machines, and barcode scanners.

Securitysystems: Comprehensive security measures, including surveillance cameras,security mirrors, door, and window alarms.

Inventorymanagement systems: Physical systems for tracking inventory, such as taggingsystems, and barcode readers.

Signage:External and internal signs for branding and customer navigation.

Facade worthINR 10 lakh.

The completeCAPEX for the showroom was INR 1.5 crore. Due to unforeseen circumstances, theentire business and its assets are being sold at a 50% discount for INR 75lakh.

FacilitiesOverview

 The showroomis being installed between well-known retail shops with a focus on attractingall types of customers.

The buildinghas 4 floors with 2 floors – the ground and 1st being the retail space, 3rdfloor being the office with a strong room, and 4th floor being the goldsmithwork area.

Approx areaof each floor of the building according to the plan – 39.2 * 18 feet = 705.6sq. feet.


CapitalizationOverview

Self-fundedbusiness, sole proprietor owned with no partners. The building advance and theinteriors have been paid for. No liabilities.

 

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ibizindia
Individual

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