Profitable Musical Instrument Retailer Seeking Loan in Selong, Indonesia
Leading retailer of musical instruments in East Lombok, with 7-10 daily store footfall, seeks funding.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 20 - 30 lakh |
| Run Rate Sales | INR 25.7 lakh |
| EBITDA Margin | 20 % |
| Industries | Musical Instrument Retailers |
| Locations | Selong |
| Local Time | 8:14 AM Asia / Pontianak |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
INR
5.3 lakh
for
10.0%
annual interest,
1
year
(Native Currency: IDR 100,000,000)
Reason: Seeking funding to procure more music instruments and stock up on inventory.
The business is seekin...
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Collateral Available: INR 0
Includes physical assets worth
INR
21 lakh
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Business Name
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Business Overview
- The musical instrument store is strategically located in Selong City, making it a key player in East Lombok, Indonesia’s music retail market.
- Specializes in selling a wide range of musical instruments, including guitars, drums, and violins, targeting both amateur and professional musicians.
- Acts as an authorized dealer for several prestigious brands, ensuring quality and authenticity in the instruments offered.
- Provides a comprehensive range of add-on accessories such as strings, capos, and instrument bags to cater to diverse customer needs.
- Operates with a strong focus on customer service, enhancing customer satisfaction and retention.
- Maintains partnerships with other retailers in different regions, expanding their market reach and distribution network.
- Welcomes approximately 7-10 customers daily, emphasizing personalized service and building a loyal clientele.
- The business model revolves around direct sales in-store, ensuring a steady flow of revenue while supporting local music culture.
- Specializes in selling a wide range of musical instruments, including guitars, drums, and violins, targeting both amateur and professional musicians.
- Acts as an authorized dealer for several prestigious brands, ensuring quality and authenticity in the instruments offered.
- Provides a comprehensive range of add-on accessories such as strings, capos, and instrument bags to cater to diverse customer needs.
- Operates with a strong focus on customer service, enhancing customer satisfaction and retention.
- Maintains partnerships with other retailers in different regions, expanding their market reach and distribution network.
- Welcomes approximately 7-10 customers daily, emphasizing personalized service and building a loyal clientele.
- The business model revolves around direct sales in-store, ensuring a steady flow of revenue while supporting local music culture.
Products & Services Overview
Wide selection of musical instruments and accessories, with top-selling products including guitars, ukuleles, and strings, catering to students, musicians, and general music enthusiasts alike.
Assets Overview
Physical assets include music instruments currently in stock.
Facilities Overview
Operating from a rented shop in a small two-story building, the first floor is for sales and transaction areas, the second floor is for storing goods and product stock.Rent is IDR 30 million/year.
Location is Selong city, Lombok.
Capitalization Overview
Self-funded.No outstanding loans or external funds raised.
Sole proprietorship business.
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