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    Musical Instruments Business Seeking Loan in Bangalore, India

    Non-operational music academy seeking a loan to start a online platform for music coaching.
    Established 5-10 year(s)
    Employees < 2
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Musical Instruments + 1 more
    Locations  Bangalore
    Local Time 7:24 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    6 / 10
    Compare with industry
    Seeking Loan
    USD 12 thousand for 20.0% annual interest, 1 year (Native Currency: INR 1,000,000)
    Reason: The owner wants to restart the business and establish an online portal.
    Collateral Available: USD 12 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Registration Certificate
    Registration Certificate (101.4 KB)
    Business Overview

    - We are a music and a sports academy. Our operations have been shut down due to Covid.

    - Our services included repair and re-selling of musical instruments and coaching classes for various instruments.

    - We are seeking funds to re-start our operations.

    - Our plan is to start an online platform to provide live coaching and learning videos.

    - The promoter has experience of more than 10 years in this industry.

    - Business has not taken any loans before.

    - Company has only one owner.

    Products & Services Overview

    We are a music academy providing coaching of musical instruments such as guitar and piano looking to start an online platform.

    Assets Overview

    The business does not own any physical assets.

    Facilities Overview

    The business is not operational and does not have any facility.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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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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