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.
Partial Stake Sale
USD
33 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
61 thousand
Interested to connect with advisors
In talks with 2 Investors