Music Production Company Investment Opportunity in Chennai, India
Established | 10-20 year(s) |
Employees | 50 - 100 |
Legal Entity | Private Limited Company |
Reported Sales | INR 2.3 crore |
Run Rate Sales | INR 2.2 crore |
EBITDA Margin | 15 % |
Industries | Music Production + 1 more |
Locations | Chennai |
Local Time | 10:09 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Currently, we have over 800 students across our 6 branches in Chennai.
- We offer classes in keyboard, piano, guitar, violin, drums, western vocal, and theory of music through our branches and online as well as sell instruments.
- We are sourcing the instruments from dealers.
- Our revenue streams are through tuition fees paid in advance, admission fees paid in advance, university exam fees paid in advance, and instruments sales revenue and allied activity fees paid in advance.
- Majority of our revenue is generated from tuition fees and exam fees. We have tied up with 3 colleges for certifications.
- The founders have an average of 20 plus years of experience in their respective industries.
- As of last FY in spite of Covid, we had a total turnover of INR 1.46 crore.
- We have been operational for almost 9 years, with 2,550+ students who have passed their international grade exam certification.
- Currently, post-Covid, more than 1,000 students are undertaking music education classes through our offline branches and online classes.
- Business is debt-free and has 4 directors with an equal stake of 24.975% and one employee holds a 0.1% stake in the company.
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Earlier than 15 daysIndependent Advisor, Coimbatore, Financial Consultant connected with the Business