Musical Instrument Retailer Equity Stake For Sale in Maharashtra, India
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 156 thousand |
| Run Rate Sales | USD 228 thousand |
| EBITDA Margin | 20 % |
| Industries | Musical Instrument Retailers |
| Locations | Maharashtra |
| Local Time | 5:04 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- We do both B2B and B2C business. We do B2B with music teachers, academies, and institutes.
- 90% of the revenue is from B2C business and 10% from B2B.
- Daily footfall is 7-10 customers. The conversion rate is high about 50-60% as it's a very niche business.
- The product range is from INR 5,000 - INR 2 lakh.
- Company has an inventory of around INR 35 lakhs.
- The company is planning to start its sales online and plan to develop an eCommerce platform as well.
- The promoter has 16+ years of experience in the same field.
- Company has INR 30 lakh outstanding and has 2 partners.
- The promoter holds 70% stake and the partner holds 30%.
- The partner with a 30% stake wants to retire and wants to exit the business.
- Intangible - Website.
- 2 shareholders.
- The firm has a bank loan of INR 40 lakhs.
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Earlier than 15 daysVP Marketing, Defense And Space, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Manufacturing, Mumbai, Individual Investor / Buyer connected with the Business