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Musical Instruments Business Investment Opportunity in Odisha, India

Seeking Investment: Company offers a broad spectrum of musical instruments and accessories to its customers.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 156 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 17 %
Industries Musical Instruments
Locations  Odisha
Local Time 10:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 36 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... View More
Includes physical assets worth USD 66 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.
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
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2 Investors already contacted this Business. Register below to connect now!
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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