Need help?

Musical Instrument Retailer for Sale in Bengaluru, India

Established music academy with over 150+ active students for sale in Bangalore with assets.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 47 thousand
Run Rate Sales USD 55 thousand
EBITDA Margin Nil
Industries Musical Instrument Retailers + 1 more
Locations  Bengaluru
Local Time 11:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 92 thousand (Native Currency: INR 8,000,000)
Reason: Working partner is migrating out of India.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
LLP Incorporation
Trade License
Business Overview
- Operate as a franchise of a well-established and reputed music brand, offering high-quality music education and instrument sales.
- Our academy provides comprehensive music classes catering to students of all age groups, ranging from 4 to 50+ years.
- We offer training in a variety of musical disciplines, including violin, keyboard, guitar, vocals, and drums, ensuring a well-rounded learning experience.
- In addition to music education, we have a dedicated storefront where students and music enthusiasts can purchase a wide range of musical instruments and accessories.
- We assist students in preparing for globally recognized music certifications, helping them achieve milestones in their musical journey.
- Our revenue model is primarily subscription-based, offering flexible plans such as monthly, half-yearly, and yearly subscriptions to accommodate different learning needs.
- As part of our franchise agreement, we allocate 20% of our revenue as a royalty payment to the brand.
- Currently, we have over 150 active students enrolled in our academy, and we have consistently received positive feedback regarding our teaching methods and student experience.
- We provide students with platforms to showcase their talent through regular performances, periodic assessments, and certification programs, enhancing their confidence and stage presence.
- We encourage student engagement through internal competitions and recognition programs, creating an inspiring and motivating environment.
- Our academy has built a strong and vibrant community of over 2,000 young and adult learners, actively engaged through our social media platforms, fostering interaction and collaboration.
- We have an exclusive partnership a renowned music brand, which allows us to conduct certification exams conveniently and internally, providing students with a seamless assessment process.
- One of our key strengths and unique selling points is our well-structured curriculum, designed to provide in-depth musical knowledge and skill development.
- We are currently at the breakeven stage, and with further investment in marketing, we expect to achieve profitability within the next 2-3 months.
- Our operations are fully compliant with regulations, and we hold GST, Trade license, and LLP, ensuring smooth and professional business functioning.
Products & Services Overview
We offer music classes for all ages, from 4 to 50+, with training in violin, keyboard, guitar, vocals, and drums. Our academy prepares students for certification exams too. In addition to music education, we sell a variety of musical instruments and accessories.
Our clients include children, teenagers, and adults looking to learn music, whether as a hobby or for professional growth.
Assets Overview
Tangible assets:
- Air conditioning units and other essential appliances worth ₹8 lakhs.
- Instruments and accessories stock valued at ₹8 lakhs.
The assets valued at ₹36 lakhs comprise of:
- Fully furnished and operational academy with furniture, fittings, and interiors.
- Classrooms equipped with instruments like guitars, drums, and keyboards.
Intangible assets.
- Established academy with 150+ active students.
- Brand reputation and goodwill.
- Structured curriculum and teaching methodology.
- Community engagement with students and parents.
- Existing operational setup for seamless transition.
- Rent deposit of ₹8 lakhs.
Facilities Overview
The academy occupies a 2,100 sq. ft. area on a single floor of the building. The rental agreement is for six years with a three-year lock-in period (5 years remaining). The monthly rent is INR 1.33 lakh.
Capitalization Overview
The business is fully funded by the directors with no loans. It is jointly owned by two directors, each holding a 50% partnership.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more