Profitable Musical Instruments Business Investment Opportunity in Chennai, India

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

Established	5-10 year(s)
Employees	5 - 10
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 1 - 2 thousand
Run Rate Sales	USD 12 thousand
EBITDA Margin	30 %
Industries	Musical Instruments
Locations	Chennai
Local Time	5:23 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

7.1 / 10

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Partial Stake Sale

USD 18 thousand for 50.0% stake (Native Currency: INR 1,500,000)

Reason: To Expand the business.

Name, Phone, Email

Available after connect

Business Name

Not disclosed

User Verification

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.

Facilities Overview

Rented space.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Doctor, Healthcare, Chennai, Individual Investor / Buyer connected with the Business
Earlier than 15 days
CEO, IT Services, Eindhoven, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Director, Engineering Services, Chennai, Corporate Investor / Buyer connected with the Business

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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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