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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 167 thousand
Run Rate Sales USD 244 thousand
EBITDA Margin 20 %
Industries Musical Instrument Retailers
Locations  Maharashtra
Local Time 7:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 48 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... View More
Includes physical assets worth USD 21.5 thousand
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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.
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.
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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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