Current Status Revenue Generating, Pre-Profit
Amount Invested RM150,000
Funding Required RM300,000 or less
Description We retail n wholesale indian fashion jewelry at most carnivals on monthly basis or to be precise abt 10-11 carnivals per annum. All are based in shopoing malls n exhibiton centres.
Business Opportunity We have given our customers a opportunity to be traditional yet stylish. Providing a unique n fabulous design for womens of the age of 16 to 45 yrs old. There is a trend for fadhion jewelry as its a alternativ to gold and its safe. Its for aure more than 12m of a market than can be capitalised.
Revenue / Business Model We have been making revenue through aggresive retail during carnival and a little wholesale. Our advantage is price as wr have secured good relatiobship with wholesalers and manufacturers which puts us ipfront in terms of margin n competition. Our cuatomer database tht we collect are used to market bew products to them.
Management Team Adrian John Patrick (Operations & Strategies) & kaythri Krishnan(Designs & Purchasing) & 5 part timers.
Company Background Started jewelry business in 2013 and investmed about 50,000
Funding Milestone Require an amount of rm150,000 for expanding extra one or 2 booths with the same and different product line to the same customers at carnivals. Also setting up a wholesale shop. Plan to come up with our own products(branding).
% Equity Allocation 2% every month .
Expected ROI 1.5 yrs
Risks and Mitigation There are carnivals that make low returns but we would eventually cover those returns during peak seasons.
Company Name Mayaa Gallery