Advertisement Company Raising Funds In Chennai
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Product / Service
The company specializes in installing audio devices in public buses that announce the next stop, similar to metro trains. After the announcement, ads are played through the audio system. This is the core business of the company.
Clientele type
The company has already installed 50 audio devices in public buses and aims to reach 500 installations as its first target. Afterward, the founders plan to expand to other locations and target private buses.
Premises
LEASED
Lease per month (in INR): 15.00 K
Security Deposit (in INR): 45.00 K
Carpet Area: 300 sq ft
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 50.00 L
Minimum ticket size
INR 50.00 L
Reason
Funds are required for expansion, with a typical break-even period of 3-4 months. After installing the devices, the company initiates heavy marketing, quickly generating income within a few days.
Other Details
The company sees significant growth potential in India's public and private transportation sectors. With strong expansion plans in place, they are actively seeking investors to support this growth. The company's assets include audio devices, staff, and current rented premises. Investors will be getting part of the profit-sharing, with terms and conditions agreed upon mutually.
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₹10 to ₹200 Cr
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