Music School In Beautiful Colorado! Priced To Sell At Just $65,000!
Relocatable, CO Jefferson County
Request More Information Contact the Seller
- RE: Music School In Beautiful Colorado! Priced To Sell At Just $65,000!
- Contact: Ed Sadler
Quick Facts
| Asking Price: | $65,000 | |
| Annual Revenue: | $158,393 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $47,591 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $6,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 10 | |
| BBN Listing #: | SB-54805 | |
| Broker Reference #: | DENVECO002-54805 |
Business Overview:
This fantastic musical school was started 17 years ago by the current owner and is now for sale for the first time! It is located in the greater Denver metropolitan area where it draws both it's students and its instructors from. The school offers private music lessons for all ages and levels in piano, guitar, violin, drums, voice, and band / orchestra instruments. All instructors are experienced and highly qualified musicians with years of professional experience in both music education and performance. The buyer will need to re-locate the school to a new location as the current premises are no longer available The school has averaged $158,000 in annual revenue since 2019 and Sellers Discretionary Earnings were $47,591 over the same period. 2023 results were very much in line with the 5-year averages. Lesson rate increases were put in place in August 2023 which will be appealing to the right buyer who will then be under less pressure to do so immediately after taking over. Musical equipment and other miscellaneous fixed assets are included providing an excellent turn-key opportunity, with all of resources in place to ensure a smooth ownership transition.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The buyer will need to re-locate the school to a new location as the current premises are no longer available
Market Competition and Expansion:
This industry is highly fragmented but the current trend of acquisitions to expand, for example, geographic territory, is expected to continue. The business for sale could be an attractive target for such an acquisition.
Reason for Selling:
Retirement and re-locating to another state.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Colorado businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
