Music School and Recording Studio

Relocatable, FL
Miami Dade County

Asking Price: Annual Revenue:
$215,000 $288,609

Services: Education & Training

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RE: Music School and Recording Studio Broker: William DeCanio
Owner Financing is Available!
Loan/Seller - Amount: $30,000; Months: 24; Rate: 5.00% Monthly Payment: $1,316.14.

Quick Facts

Asking Price: $215,000
Annual Revenue: $288,609
Net Profit: Not Disclosed
Cash Flow: $88,853
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 10
BBN Listing #: 2450630
Broker Reference #: 2201881360

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Business Overview:

REDUCED. Profitable, Reputable Academy of Music, run since 2011 by PhD husband and wife who hold Doctor of Musical Arts Degrees in Piano. Pandemic-Resistant Business. Filling a need for comprehensive music curriculum at the pre-college level with a unique educational program for students of all ages. Students learn through a combination of part in person and online lessons, and a weekly musicianship course. A Founding School for The Royal Conservatory Music Development Program, business is part of the National Standard for accreditation in pre-college music education. Students have achieved successes in being accepted to prestigious university programs. The Academy has been featured numerous times on television and in print and recognized for its successes. Fully-staffed, the sellers are currently absentee. Assets include grand and digital pianos, guitars,4 sound booths, music library. Great retail location where there is also a Nationally recognized guitar store, ample parking and great foot traffic. This turn-key operation is for someone looking to impact young lives through music, adding value to a rich community. Great books n Records.Please refer to listing number 2201881360, business broker William DeCanio 305-484-3854 when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $4,500; Square Footage: 1,300; Building Type: Commercial; Terms & Options: Available; Expiration Date: 7/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 50 Years: 5

Reason for Selling:

Moved Out of State.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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