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Musical Instruments Business Seeking Loan in Bangalore, India

Non-operational music academy seeking a loan to start a online platform for music coaching.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Musical Instruments + 1 more
Locations  Bangalore
Local Time 1:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 20.0% annual interest, 1 year (Native Currency: INR 1,000,000)
Reason: The owner wants to restart the business and establish an online portal.
Collateral Available: USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- We are a music and a sports academy. Our operations have been shut down due to Covid.

- Our services included repair and re-selling of musical instruments and coaching classes for various instruments.

- We are seeking funds to re-start our operations.

- Our plan is to start an online platform to provide live coaching and learning videos.

- The promoter has experience of more than 10 years in this industry.

- Business has not taken any loans before.

- Company has only one owner.

Products & Services Overview

We are a music academy providing coaching of musical instruments such as guitar and piano looking to start an online platform.

Assets Overview

The business does not own any physical assets.

Facilities Overview

The business is not operational and does not have any facility.

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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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