Multifunctional Art Centre For Sale In Kochi
Product / Service
It is a multifunctional studio. We conduct workshops and classes for dance and art. We also host Get-to-gather, cultural programs, birthday parties, and wedding parties as well.
We recently started an art supply store as well.
Clientele type
We have art classes for all age groups, we have 40 students they are individuals, school and college students, and corporates.
Premises
LEASED
Lease per month (in INR): 60.00 K
Security Deposit (in INR): 3.00 L
Carpet Area: 2,400 sq ft
The entire studio is fully furnished. The event center has the capacity to host 80-100 people.
Asking Price Includes
The entire setup, including the team, interiors, security deposit, and an Instagram account with 800+ followers.
Reason
I am moving back to USA.
Other Details
We started this business in June'22 looking at the recreational aspects needed in this busy world. Though we expected at least 1 year to reach breakeven point but achieved it in first 6 months itself. The business is running smoothly now without any promotions. We also started an art supply shop in Jan'23 and in the first month, we made about 15k.
There are two partners in the business one is based in Dubai and I used to live in the US but I came to Kochi, and now I am heading back to the US.
We have 4 team members, 2 teachers for art classes, 1 teacher for dance classes, and 1 helper.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- 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 second-line of management?
- Are you going to run the business on 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?