Entertainment/Arts Education/Training Business w/Real Estate in VA

Fredericksburg, VA (Fredericksburg City County)

Seller Financing Available
Entertainment/Arts Education/Training Business w/Real Estate in VA

Asking Price:$150,000

Cash Flow:$50,000

Gross Revenue:$210,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$700,000*

Established:1994

*not included in asking price.

Entertainment/Arts Education/Training Business w/Real Estate in VA

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Business Description

Performing Arts Education/Training Bus. w/Real Estate in VA

Performing Arts Educational Business, offering Dance, Voice, Instrumental, and Acting classes/training. This is a very well established, and highly recommended business with 22 Years of Service in the Fredericksburg area. Seller also owns the Property, and will Sell just the business or the business with the Real Estate. This allows the right owner to also be their own Landlord. Business asking price is $150,000, Property asking price is $700,000. This is an excellent opportunity for anyone who loves the Performing Arts, and wants to share their experience, or even those that have no experience by following the Operational Manual produced by the current owner, making this truly a Turn Key operation. Current owner is Semi-Absentee, so being a full Hands on Owner Operator is the best way to grow the business, and take it to the next level.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
1 FT, 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,000 Square Foot Stand Alone Building, with total current Rent of $6,700 per month (If Property not Purchased), and Lease Term to be Negotiated with Seller.
Competition:
No Similar Competition in the Area.
Growth & Expansion:
Expanding the Services Offered, along with being a hands on Owner Operator, and doing more Marketing and Advertising.
Financing:
Negotiable
Support & Training:
Seller will give 2-4 Weeks of Training/Transition.
Reason for Selling:
Retirement/Relocation

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Gary Steven Russell

Business Listed By:
Gary Steven Russell

G. S. Russell Business Brokers and Advis

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