Home Audio Business Investment Opportunity in New Delhi, India

- We have three big OEMs who are buying thousands of pieces monthly.

- The product we are manufacturing is very expensive.

- Orders of INR 1.2 crore pending to be delivered.

- Shortage of working capital not able to produce the orders.

- Right now we are making about 500-600 pieces a month and can push it to 1,500 pieces at maximum utilization.

- We provide the complete soundbar to our clients, from scratch to packaging.

- Sometimes we hire extra engineers on an hourly basis.

- Payment terms with clients: before production starts we take 20-25%, and the rest is paid before delivery. No credit with clients.

- We are one of the only manufacturers of soundbars who do not use any SKD kits to produce the soundbars.

- We are an established electronics business that was making adapters and SPMs earlier post-Covid we completely pivoted into soundbar production and sales. We did R&D for about 2 years and then started sales last year in September.

Soundbars with subwoofers, soundbars. We are supplying to few big OEMs and have many potential buyers in the pipeline who are interested in buying our products. Our clients put their branding on our soundbars and then retail it.

Tangible assets include all the raw materials and tools required for soundbar production. No heavy machines are involved in the production.

Intangible assets include the R&D, product designs, and our goodwill.

Rented production area of 5,000 sq ft. in an industrial area in Mayapuri, West Delhi.

- We have managed the business on a personal level yet and have not sought external funding.

- Sole proprietorship business.