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Musical Instrument Retailer for Sale in Rajasthan, India

For Sale: Company providing all services related to music and musical instruments based in Rajasthan.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 64 thousand
Run Rate Sales USD 69 thousand
EBITDA Margin 10 - 20 %
Industries Music Production + 1 more
Locations  Rajasthan
Local Time 3:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 57 thousand (Native Currency: INR 5,000,000)
Reason: Owner is a musician who wants to pursue his career in music full-time.
Includes physical assets worth USD 51 thousand
Documents
Business Overview
- We are well-known company providing music classes and retail of musical instruments.
- Over 1,500 students have learned various instruments in the past 7 years.
- Average footfall at the retail store is around 15 customers daily.
- Have 30 offline and 12 online students who are charged on a monthly basis.
- There are 3 permanent and experienced music teachers.
- Music store has thousands of satisfied customers coming from government orders, school orders and more.
- Direct dealings with almost every brand in MI. We are the only Yamaha direct retail store for MI and AV in Kota.
- Company has composed various tracks for musicians for YouTube and recorded covers too.
- We have managed over 700 gigs ranging from house parties, wedding functions, lounge weekends, to managing stage, light, sound and performances of Kota's biggest events like Kota Vintage and Music Festival with 20,000 attendees, Career Utsav of over 50,000 students and Kota Carnival KOCA of over 1 lakh students.
- Team has organized 133 'Open Sunday Jams' for providing upcoming artists a genuine platform.
- We have a very strong and genuine social media presence and all intellectual property will be handed over to the buyer.
- Promoter has around 10 years of experience in this field and is the sole owner of the company.
- There are no debts in the company's name.
Products & Services Overview
Major source of income are retail store and music classed and other services include artist & event management and music production.
Assets Overview
We have office and music equipment setup worth INR 20 lakhs and stock of goods worth INR 25 lakhs.
Facilities Overview
Rented 1,150 square feet facility located on the 1st floor. It is located in a prime location and monthly rent is INR 33,300. The rental agreement renews every three years with 5% hike.
Capitalization Overview
Not Disclosed
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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