Music school, Prestigious, Profitable, sing/dance on your way to BANK

Buford, GA (Gwinnett County)

Seller Financing Available
Music school, Prestigious, Profitable, sing/dance on your way to BANK

Asking Price:$168,000

Cash Flow:$81,000

Gross Revenue:$242,322

EBITDA:N/A

FF&E:$25,000

Inventory:$10,000*

Established:2005

*not included in asking price.

Music school, Prestigious, Profitable, sing/dance on your way to BANK

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Business Description

Be the owner of a profitable & prestigious business that is so positive and that brings something special to the community and beyond. You will work with and inspire adults and children alike by making a real difference in sparking their inner musician. This music school for sale has a strong repeat business and a well-established reputation. The current owner started this music school back in 2005. It has no debt. All the pianos & other equipment are free & clear. The current owner has done all the hard work, setting it up, buying the furnishings, growing the student enrollment, has made all the mistakes & has fixed them, so that it is a clear, concise business that is easy to run & fun and can be run by an absentee owner, or a part-time operator, or a hands on full time owner who wants to grow the business. There are so many possibilities.
Their 10 teaching facilities/classrooms are larger, more appealing and better equipped. Their educational offerings are more comprehensive, ranging from early childhood to adult interests. There is a separate suit that can be used for retail sales, group dance studio, and anything else your creative mind imagines.
It is located in a posh plaza surrounded by rich & high income neighborhoods. This schools student retention is up to 10 years. Average student enrolls for 3 to 7 years. Students have been accepted and have received scholarships to many prestigious universities, including Cornell & Emory. One student is a composer at Emory University.
If you have any passion or desire for such a prestigious business & want to stand out in the community for positive effects & impact, then, consider this business before it is too late. Oh, I forgot to mention a minor detail, you need over $100K cash before you apply. There will be some owner financing to a qualified buyer.
If you are qualified, please call me at 678-294-0137 or email me at nick@nbb-web.com, so that we can get started. I look forward to working with you to help you reach your goal.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
16 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There are 10 Private classes.
Growth & Expansion:
There are so many possibilities for expansion & diversification. The key area for growth for this business is in retail sales, as well as in the music education component. Thus far, this business has only hit 35% of it’s potential. It is estimated that there is another 65% of potential revenue in music education and retail sales that can be provided to this community. This can be achieved by the following: 1) Developing relationships with the larger companies in the area as well as with the general art and music groups. 2) Develop and nurture their key relationships with the churches, schools and colleges in the community. 3) Social media to get the word out about the schools products and programs. 4) Start after school program. The list goes on.
Financing:
Some owner financing is available to a qualified buyer.
Support & Training:
The seller will provide 2 weeks of training at no cost to the buyer & will provide phone assistance for a longer period of time.
Reason for Selling:
Retiring

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Nick Modares

Business Listed By:
Nick Modares

Business Brokers Inc./Atlant Business Ad

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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