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Small Musical Instrument Retailer for Sale in Chennai, India

Musical instrumental retail store that imports and sells quality musical instruments, books and gift items.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 22 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin Nil
Industries Musical Instrument Retailers
Locations  Chennai
Local Time 2:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 17.5 thousand (Native Currency: INR 1,500,000)
Reason: The directors does not have enough time to manage the business. Hence looking for someone to take ov... View More
Includes physical assets worth USD 17.5 thousand
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Business Overview
- Musical instruments retail store that sells instruments, accessories, music books, and gift items.
We mainly deal with our own imported instruments but also sell all branded music instruments from various suppliers.
- We also provide basic repair and maintenance services to our customers.
- Promoter has vast expertise in the musical instruments and music education industry. The promoter also runs a music school in Chennai (secondary business) and has specialized knowledge and expertise in product selection, quality control, and market potential.
Products & Services Overview
Music instruments, music books, music accessories, music gifts.
Assets Overview
Tangible assets: Inventory of 500+ products (instruments, books, gifts, and accessories) worth INR 15 lakh approximately + interiors.
Intangible assets: GST registration, certification of incorporation, IEC (import export code)
Facilities Overview
Rented air-conditioned showroom of 200 square feet carpet area with good interiors.
Capitalization Overview
The company is fully funded by the directors, and hence no outside debts.
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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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