Musical Instrument Retailer Investment Opportunity in Maharashtra, India
Musical instruments retail business that does both B2B and B2C business with 7-10 customer daily.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 162 thousand |
| Run Rate Sales | USD 236 thousand |
| EBITDA Margin | 20 % |
| Industries | Musical Instrument Retailers |
| Locations | Maharashtra |
| Local Time | 2:18 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
46 thousand
for
30.0%
stake
(Native Currency: INR 4,000,000)
Reason: Expansion, to increase the stock category, clear bank loan and other partner wants to retire from bu...
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Includes physical assets worth
USD
21 thousand
Interested to connect with advisors
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Business Name
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Documents
Domain-Verification.pdf
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Business Overview
- Music retail business deals with western musical instruments like Keyboards, Guitars, drum sets, Violins, and many others.
- 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.
- 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.
Products & Services Overview
Western musical instruments like Keyboards, Guitars, Drum sets, Violins, and many others.
Assets Overview
-Tangible - Stock inventory worth INR 35 lakh, computer and furniture.- Intangible - Website.
Facilities Overview
The store is rented for INR 32,000 per month.
Capitalization Overview
- Business is funded by a bank.- 2 shareholders.
- The firm has a bank loan of INR 40 lakhs.
Recent Activity
-
Earlier than 15 daysVP Marketing, Defense And Space, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Manufacturing, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
Musical Instrument Retailer Investment Opportunity in Maharashtra, India
·Invest in Musical Instrument Retailer in Maharashtra, India
·Musical Instrument Retailer Investment Opportunity
·Investment Opportunity in Maharashtra, India
·Invest in Musical Instrument Retailer
·Invest in Maharashtra, India
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