Musical Instruments Business for Sale in Panjim, India
Established | 10-20 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 240 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Musical Instruments + 1 more |
Locations | Panjim |
Local Time | 9:40 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Catered to over 6,000 clients from India and overseas together. We also cater to the Bollywood industry.
- B2C business since the margins are better.
- Business is mostly online with only one warehouse to stock products. We receive around 150-200 orders monthly.
- The product prices range from INR 3,000-4 lakh. Hence, we are able to generate INR 20 lakh of monthly sales with just 3 employees.
- Few customers visit the warehouse directly and they make the purchase directly.
- Our growth rate goes up by 20% every year.
- Majority sales in the effects market in India since we import directly from manufacturers and are affiliated with some of the best international dealers. Import products from China, Europe, and USA.
- One of the top-rated websites on Google for the musical instrument effects category.
- Authorized distribution of world-renowned effects.
- Retail of musical instruments.
- Installation of sound.
The stock is worth INR 1 crore and intellectual property rights.
The warehouse is located in the north of the city on an approximately 200 sqft warehouse with a monthly rent of INR 18,000.
- Funding is done by the business owner.
- Sole proprietorship business.
- Bank loans of INR 12 lakhs. However, the business will be sold with zero liability.
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Earlier than 15 daysOwner, Technology, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, IT, Digital Media, CE, Mumbai, Individual Investor / Buyer connected with the Business