Music School

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$75,000 $79,759

Services: Education & Training


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RE: Music School Broker: Randy Evans

Quick Facts

Asking Price: $75,000
Annual Revenue: $79,759
Net Profit: Not Disclosed
Cash Flow: $19,707
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 292455367
Broker Reference #: 86808-772816

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Business Overview:

This Music School established more than 3 decades ago offers a turn-key business or expansion opportunity for an existing business. Move right into this exceptionally well located space already built out with reception area, music rooms, recording space, storage, etc.
Very clean books show that just one year earlier - prior to Owner's illness, this business was grossing 6 figures and owners income was more than double the most recent tax year.
Priced right. Motivated Seller relocating due to health.

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Property Features and Assets:

In 2007 seller bought the business, Sounds of Music, at the time a full-line music retail store in business over 20 years. At the time of purchase, the business was in chapter 7. Current owner revived it as an all age venue and music school with a recording and rehearsal studios. Six years ago the moved it to the current location and the owner decided to concentrate on the Music School alone. Space build out includes a reception area, individual music rooms, a recording room, as well as storage and meeting space.

Reason for Selling:

Relocating

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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