Profitable Music School for Sale in Queens

Contact Seller
Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
 Not Disclosed

 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

Low Rent for Large Space for Many Classes

Owner Retiring! Great Buying Opportunity.

This is a long established turn-key business with great reputation located in the heart of Queens in approximately 3,500 sq. ft. of prime retail space. Generations of children and adults have benefited from learning to play the piano and string instruments along with voice lessons from highly accomplished music teachers. After 25-years of running the business successfully, the current owner is looking to retire. Owner now runs the business semi-absentee with his weekly commitment of only 15-hours. There are currently nearly 500 students enrolled in the various music programs.

The business is profitable and can be even more profitable with the new owner providing inspiration to students as well as marketing of additional complementary broad range of educational programs that are in high demand, such as, dance, art classes, academic tutoring in Math, English, test prep for all levels, Summer Programs, STEM learning, etc. There is a huge potential to take advantage of the fully built-out and beautifully set-up operation with many classrooms for individualized as well as group sessions.

The business grosses annual revenues of approximately $500,000 with a cash flow of about $100,000. The rent for the busy commercial location is under $5,000 per month with the lease expiring in 2024.
The new buyer as an owner-operator can fully take advantage of higher profits and multifold business potential from the current levels.

Asking Price: $150,000
Gross Sale: $500,000
Cash Flow: $100,000

Contact the Seller

Listing Info

Ad Detail Views:

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Dave Nagar

CEO Business Brokers Inc.

 Show Phone Number

View My 64 Active Listings
U.S. Census Data for Queens, NY



Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Queens, NY


Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Similar Listings

Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.