Specialty Retailer Investment Opportunities in Maharashtra

Music retail business deals with western musical instruments like Keyboards, Guitars, drum sets, Violins, and many others. - We do both B2B and B2C business. We do B2B with music teachers, academies, and institutes. - 90% of the revenue is from B2C business and 10% from B2B. - Daily footfall is 7-10 customers. The conversion rate is high about 50-60% as it's a very niche business. - The product range is from INR 5,000 - INR 2 lakh. - Company has an inventory of around INR 35 lakhs. - The company is planning to start its sales online and plan to develop an eCommerce platform as well. - The promoter has 16+ years of experience in the same field. - Company has INR 30 lakh outstanding and has 2 partners. - The promoter holds 70% stake and the partner holds 30%. - The partner with a 30% stake wants to retire and wants to exit the business.

We are the only music school in India that deals with various kinds of music education from Western, Semi-Classical, and Indian to Western Classical music. - Our company is engaged in providing music classes and training for musical instruments to members. - Source the music instruments from 370 distributors from all over India. - We have certified teachers onboarded who provide training for the classes. - Currently, our academy has 700 members enrolled. - Also give our music instruments out on rent to members and for events as well. - The revenue generated from the music classes is 80% and the rest is from the rentals of the instruments. - Our courses start from the range of INR 12,000 to a maximum of INR 18 lakh per course.

We are the only music school in India that deals with various kinds of music education from Western, Semi-Classical, and Indian to Western Classical music. - Our company is engaged in providing music classes and training for musical instruments to members. - Source the music instruments from 370 distributors from all over India. - We have certified teachers onboarded who provide training for the classes. - Currently, our academy has 700 members enrolled. - Also give our music instruments out on rent to members and for events as well. - The revenue generated from the music classes is 80% and the rest is from the rentals of the instruments. - Our courses start from the range of INR 12,000 to a maximum of INR 18 lakh per course.

Company sells international brand of sunglasses, frames, Contact lenses and own brand of spectacles through retail stores. Planning to start new stores in Mumbai and nearby cities. Have many international brand of sunglasses. Our products are sourced from Multinational Companies like Luxxortica, Saffilo, Essilor & many others. For our brand of spectacles, we outsource the manufacturing process to 1 manufacturer. Currently have 2 stores in Jaipur receiving approx 12 footfalls per store per day. Generate 60% of revenue from sale of international brands and 40% revenue from own brand. The company is run by 3 directors holding corporate & entrepreneurial experience of 18 years (combined). Details about them are highlighted below: Director 1: Provides hospitality services to an IPL team and Pro Kabaddi team. Director 2: Has sound corporate experience in retail, business development, fundraising, and operations. Has worked at a senior position in reputed organizations who were into eye-wear, cosmetics and apparel. He was also a former director for an eye-wear retail chain in India. Director 3: The 3rd director is into event & hospitality services at cricket ODIs, IPL & state-level tournaments. He has also worked with Star Sports for Pro Kabaddi League as an assistant hospitality manager. The registered address of the company is in Jaipur however, we have a small team there and mostly operate that office to manage the operations in Jaipur. Our main admin office is located in Mumbai with a large team sitting and operating from there. Business owned assets include computer, laptop and furniture at offices and at stores. Brand USP's are as follows: 1. Same day home delivery for prescription lenses + frames / 90 minute delivery in shopping malls. 2. Order tracking & lens thickness parameter will be unique to consumers. 3. Ready pricelist for clear reference – digital pricelist. 4. Lens & Frame insurance policy. 5. Reaching to corporates / schools / high end residential for eye-care program.