Musical Instrument Retailer for Sale in Mumbai, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 10 % |
Industries | Musical Instrument Retailers + 1 more |
Locations | Mumbai |
Local Time | 12:43 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
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.
We deal in musical instruments and pro-audio, distribution, retail, and online sales.
Physical assets include stock worth INR 50 lakh and intangible assets worth INR 25 lakh which include brands, website, and distribution tie-ups.
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.
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.
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Earlier than 15 daysProprietor, Ecommerce, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Import/Export, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCabin Crew, Aviation, Mumbai, Individual Investor / Buyer connected with the Business