Musical Instruments Business Equity Stake For Sale in Odisha, India
Seeking Investment: Company offers a broad spectrum of musical instruments and accessories to its customers.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 147 thousand |
| Run Rate Sales | USD 122 thousand |
| EBITDA Margin | 17 % |
| Industries | Musical Instruments |
| Locations | Odisha |
| Local Time | 11:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
34 thousand
for
20.0%
stake
(Native Currency: INR 3,000,000)
Reason: The proceeds from the investment will be utilised for expanding our business by:
- Launching our ow...
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Includes physical assets worth
USD
62 thousand
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Business Overview
- Our business offers a variety of musical instruments & accessories to our clients. Customers can choose among 35 different instruments from over 50 different brands.
- The business generates 90 percent of the total revenue through our retail store. We receive over 15 walk-ins daily.
- Our company has over 35 government schools and 8 private schools as our clients who purchase all their musical instruments from us. There is no explicit contract with either of them, but they provide us with recurring business.
- We also sell our products on Flipkart & Amazon. We receive about 30 orders a month from both of them. This stream of revenue contributes to the remaining 10 percent of the total revenue.
- The revenue plummeted this year due to the effect of the pandemic on the market. However, we are on track to surpass our pre-pandemic performance.
- The business generates 90 percent of the total revenue through our retail store. We receive over 15 walk-ins daily.
- Our company has over 35 government schools and 8 private schools as our clients who purchase all their musical instruments from us. There is no explicit contract with either of them, but they provide us with recurring business.
- We also sell our products on Flipkart & Amazon. We receive about 30 orders a month from both of them. This stream of revenue contributes to the remaining 10 percent of the total revenue.
- The revenue plummeted this year due to the effect of the pandemic on the market. However, we are on track to surpass our pre-pandemic performance.
Products & Services Overview
Our business offers a broad spectrum of musical instruments & accessories such as:- Acoustic & electric guitars.
- Keyboards.
- Violins.
- Drums.
- Dholak and tabla.
- Harmonium and ukulele.
Assets Overview
Physical assets include:- Inventory of musical instruments worth INR 45 lakh.
- Interior fittings & furniture.
- Company owned vehicles.
- Computers & printers.
Facilities Overview
- The business runs operations from a rented facility spread across 330 sq. ft. This facility is used as a retail location for the business.- The company also has a rented warehouse spread across 1,400 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Musical Instrument Dealers, Raipur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMusician, Music Classes, Amman, Individual Investor / Buyer connected with the Business
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