Profitable and Growing Music School – Southwest Michigan

Main Street Market Maker

Profitable and Growing Music School – Southwest Michigan

SOLD – We live in an era where music is everywhere, and interest in it is at an all-time high. Families need alternatives for music education, especially as public programs have dwindled. This very profitable school is the perfect opportunity where creativity and fun have been blended with a solid plan and has created a growing and sustainable business model.

This business offers a unique place to not just learn music, but to be seen, be supported, and to connect with others. Here, you’ll find a vibrant community of people supporting each other to develop and express their individual creativity for the sake of being more alive. Working with students from 4 – adult, from beginner to advanced, with primary focus on piano, guitar, voice, songwriting, drums, bass, ukulele and ensemble-based performance classes.

Listing ID:

MSS-23015315-92

Location:

Southwest Michigan

Type of Business:

Service, Music School

Asking Price:

$125,000

Gross Revenue:

$398,768

Cash Flow:

$64,815 (Owners relocated and changed operational model a local owner operator would see an increase – ask for details)

Inventory:

FF&E:

$25,000 (included)

Established:

2018

Employees:

1 F/T 13 P/T

Facilities:

Centralized location serving a large population base
Space has 8 teaching studios, office space, an inviting waiting area and its own bathroom facilities

Real Estate / Lease Terms:

Location is Leased – ask for details

Growth Opportunity:

Expanding online lessons currently being offered
There have been talks to serve local public schools this could be a huge area of expansion and scale
Additional revenue streams in equipment sales and service within the music community

Competition:

There are schools in the area, focused on classical and band/orchestra training, this business has offerings in contemporary/pop/jazz styles as well as those
Online education programs are seen as competition but these programs have helped create more opportunities

Support & Training:

Owners and full-time school manager will be available to train the incoming owner and provide a smooth transition
Owners have access to two performing arts school business coaching programs that have been very helpful

Reason for Selling:

Owner has relocated and wants to find the right person to continue to grow and support the local music community

Broker Contact:

E. Brad Scoffin – Main Street Market Maker a division of Advanced Business Advisors, LLC

Direct: 269-903-8143

Fax: 248-564-5259

Email: Brad@MainStreetMarketMaker.com

For more information, fill out the form below:

* required fields

The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.

Main Street Market Maker