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Hobby Class Seeking Loan in Hyderabad, India

Music school for all age groups, both instrumental and vocal training having 300 students enrolled.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 34 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 30 %
Industries Hobby Classes
Locations  Hyderabad
Local Time 10:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27 thousand for 24.0% annual interest, 4 years (Native Currency: INR 2,000,000)
Reason: INR 10 lakhs will be used to restart the offline business post COVID. To acquire assets for business... View More
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
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Business Overview

- School providing education for classical music and instrumentals.

- Instruments include guitar, keyboards, piano, violin, drums, tabla, harmonium.

- We have 10 rooms in our facility to conduct classes.

- Have 7 teachers with minimum experience of 3 years.

- 300 students are enrolled this year.

- Located in a prime location.

- Generate leads through Just Dial, Google, UrbanPro, UrbanClap.

- Owner has 10+ years of experience.

- Successfully ventured into digital training space from May from may of this year and currently have over 100 students from all over India, and abroad.

- Want to scale up the online platform aggressively to have 1,000 students enrolled online by September of next year.

Products & Services Overview

School providing education for Indian classical music both vocal, instrumentals, western music training both vocal & instrumental.

Assets Overview

Instruments, furniture, air-conditioners, website, students database, edutech.

Facilities Overview

Rented space of 4,000 Sq feet paying INR 70,000 p m. Two floors.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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