7.1 / 10
 Chennai

EXIM business in spices and clothing. Looking to expand product base to add musical instruments.

Key Business Facts
Yearly Sales USD 11.7 thousand
EBIDTA Margin 30 %
Industries Musical Instruments
Locations  Chennai
Business Overview
- We are export and import company dealing with Spices and Clothing.
- We are planning to get into Export and Import of Musical Instruments and accessories.
- We aim to be a wholesaler for Musical instrument and accessories.
- We have plans to start an eCommerce platform after a year which would help us cater to the final users and also many more retailers.
- The main source of the imports would be from China.
- Guitars would be the main product.
- We have already started operating in the domestic market by becoming distributors to the manufactures.
- We have Tie ups with major brands like Casio, Havana, Aston, Yamaha etc.
- We also have tie ups with 3 - 4 retailers and based out of Chennai.
Products & Services Overview
All kind of musical Instruments.
Partial Stake Sale
USD 17.6 thousand for 50.0% stake (Native Currency: INR 1,500,000)
Reason: To Expand the business.
In talks with 3 Investors
Contact Business or Enquire on WhatsApp