1. Businesses
  2. Retail/Wholesale
  3. Karnataka
  4. Bangalore
  5. BB010171
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Iconic brand of Musical Instruments for 75 years For Sale

Listing ID: BB010171
Posted By: Third party
Last Active: 1+ year ago
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About Business

India's largest retailer and distributor of Musical Instruments , international brands , accoustics , guitar including own brand of Reynold guitars , percussion instruments across 5 stores in Bangalore , Hyderabad , Chennai and Kolkata. The Company also has a music academy and online classes.

Clientele type

There are Large institutions (school, colleges) who are purchasing from us.
We are also registered on e commerce websites and there are B2C customers also.

Premises

LEASED

Lease per month (in INR): 5.00 L

Security Deposit (in INR): 54.00 L

We have a commercial building of Basement + 4 stories.
It is owned in the heart of a major metro city.

Asking Price Includes

Entire Stocks , Investments and Commercial Building.

Reason

No Succession plans and other major business interests.

More Details

We are One of the oldest Iconic brands in India , spanning over 75 years of existence , with PAN India presence.
Having set the benchmark for the Indian entertainment industry, we pride ourselves as the market leader. Whether it is a music concert, corporate conference, public launch or full-fledged festival, whatever the scale, our dedicated teams of professional sound, lighting, video and rigging engineers settle for nothing short of perfection.

Keywords

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Business Tags

Iconic Musical Brand and channel partner to WOrlds largets brands with legacy of operating in the Indian Market for more than 75 years

₹10 to ₹200 Cr

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Seamless Fundraising/M&A transactions

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Before buying a Iconic brand of Musical Instruments for 75 years For Sale, check:
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  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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