Artificial Jewellery Making Materials Retail & Wholesale Business for Sale in Hyderabad
About Business
We are an effectively running jewellery making material, retail cum wholesale business with an active footfall of customers (walk-ins) and very vast direct/online customer base from all over the country. The business is located at close proximity (a minute walk) from the JNTU Junction, Kukatpally, Hyderabad. The store premise is on lease and monthly rent is INR 14,300. Total area size of the premise is 300 Sq ft.
We hold a stock level of approximately 6 – 7 Lakhs presently. Stock varies from Silk threads, Jhumka Bases, Bangle bases, and other accessories. Have a look at the pics below.
We have a team of 5 employees out of which 2 are well experienced and with the business for more than 1.5 years. 2 of the employees are great artisans too and are very creative and effective in designing jewellery. The other employees too are well versed in the sales and carry a great knowledge in the items we sell and customer handling. The Employees have already agreed to continue with the new owner too.
We have established this very intuitive website where we get sales regularly. We are ranking on the first page of Google search for major of the keywords where we get our new customers too. The website carries all major payment gateways presently registered to us and we’ll try to get the same done for the new owner too.
The business also has a Facebook page and Youtube channel. we have a business account with India mart (the Free package) which has been fetching us a large number of buy leads and inquiries. The business also holds and trademark. The business has great footfall (walk-ins) to our shop and is increasing (with our recent shifting to this location). we also have customers ordering thru WhatsApp and on our site from all over India and abroad too.
Last year's turnover was INR 18 Lacs and the profit was INR 9 Lacs. The asking price of the business is INR 22 Lacs.
Reason
Shifting to a Different Field - Need investment
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?