1. Businesses
  2. Retail/Wholesale
  3. Tamil Nadu
  4. Chennai
  5. SL008019
Edit Alert

Music instruments showroom business for sale in Chennai

Listing ID: SL008019
Posted By: Owner
Last Active: 1 month ago
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About Business

Brands of music instruments made up good quality material, craftsmanship and fine finish, music accessories, and music books

Clientele type

School children, parents and general public

Premises

Leased shop with 400 sq ft.
Monthly rent of INR 20,000 approx.
Based on Main Road, busy and upcoming locality in Mahabalipuram Road

Asking Price Includes

Inventory, furnishing, etc. in running condition

Reason

Looking to Exit and handover business in good hands
Or looking for additional director as investment partner for further growth at stake of 50% with INR 15 Lakhs investment to start with

More Details

This Private Limited Retail Showroom of Music Instruments and Books started in year 2017.
Promoted by music professional to promote and support the music industry.
All necessary registrations in place. Our products are personally tested by music teachers.
Revenue for FY 2018-19 INR 17 Lakhs.
Receives approx 5 to 10 orders per day. Tie-up with Amazon for online sales.
Asking Price is INR 25 Lakhs for Full sale OR 50% Stake for INR 15 Lakhs

Keywords

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Business Tags

Music Guitar showroom Music intruments shop Retail shop

₹10 Cr to ₹200 Cr

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Before buying a Music instruments showroom business for sale in Chennai, 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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