Well-Established Profitable Musical Performing Arts School!!
INCREDIBLE TURNKEY OPPORTUNITY!!! Full-Time Income on Part-Time Hours
(Seller's Discretionary Earnings)
included in asking price
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This is an incredible opportunity for the right person to come in and take over a business that basically runs itself with little to no advertising, but has great growth potential. Focusing on Piano, Guitar, Violin, Drums, and Voice lessons, this is a highly profitable and popular performing arts school that is well-known in the community. It has had its students featured on The Voice and also in hit Hollywood Movies. The current owner does teach voice and guitar, and a new owner can take over teaching his students, or hire someone to take his place and simply run operations on a semi-absentee basis. There are also 5 other certified teachers that work with the students, averaging 175-200 students total on a monthly basis, with room to grow to a maximum of 300 in the current facility. Currently it is only open 28 hours per week. M-Th 12-6, and Friday 12-4 pm. Net profit margins are high and are currently around 32%. The certified instructors are established and the turnover is low with the longest tenure being 7 years. If you are looking for a great opportunity to run a music school and get actively involved with improving the lives of children and adults, as well as being actively involved in the community while also being highly profitable, this is the perfect opportunity!!!
Contact us at www.proplusbusinessallinace.com and fill out the online NDA for confidential details on this amazing opportunity!
About the Business
Contact the Seller
- Year Established:
- Number of Employees:
- Real Estate:
- Building Sq. Ft.:
- Lease Amount/Mo.:
3 K square ft, with the ability to expand to 6k square ft in an adjoining building.
There is no direct competition in the immediate community or area. The closest competition is over 15 miles away.
Growth & Expansion:
The current owner has not pushed to grow, as he is not in it for the money. There is room for a 33% growth in the current facility, which can handle as many as 300 students. They also are the lowest cost in town, and a slight increase in pricing will drive revenues and can be justified. Currently students pay $125/month which includes 4 sessions of one 30 minute lesson per week, and the competitors average in the Dallas area is $145-160. In addition, they are only open Noon-6pm M-Th, and Noon-4pm on Friday. Expanding the hours and adding options for home-schoolers would increase profits.
About the Sale
- Reason For Selling:
Owner is willing to stay on for a negotiated period of time for a smooth transition.
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