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Musical Instrument Retailer for Sale in Mumbai, India

Company that deals with the import, distribution, and retail of musical instruments.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 139 thousand
EBITDA Margin 10 %
Industries Musical Instrument Retailers + 1 more
Locations  Mumbai
Local Time 12:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 115 thousand (Native Currency: INR 10,000,000)
Reason: Owner involved in another business.
Includes physical assets worth USD 58 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Pan India coverage, E-commerce established a High growth rate before Covid.
40% of our sales are from our offline store and 60% through Amazon and our website.
We receive over 150 orders from our website.
Our products are imported from China, Korea, and Indonesia.
Our run rate sales have reduced because of a lack of working capital.
We also have exclusive distribution of a few international brands.
Products & Services Overview
We deal in musical instruments and pro-audio, distribution, retail, and online sales.
Assets Overview
Physical assets include stock worth INR 50 lakh and intangible assets worth INR 25 lakh which include brands, website, and distribution tie-ups.
Facilities Overview
We have a store and a warehouse with an area of 1,500 sq ft. on a rental basis in the west of the city.
Capitalization Overview
The business is funded by owners' capital. The business does not have any outstanding liabilities. The company has three owners with a 48%, 26%, and 26% stake.
Recent Activity
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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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