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Asking Price: $140,000

Operate and Own Your Own Music School in Beautiful Colorado!

Golden, CO
Jefferson County

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 vast majority of lessons are in person at the school which is in a great location on the main street in this downtown location just minutes outside of Denver. This is a street level 1,542 square foot retail store front with seven studios to facilitate closed-door, private music lessons for students. The annual rental rate is very attractive. The school has averaged $147,000 in annual revenue since 2019 and Sellers Discretionary Earnings were $48,226 over the same period. 2023 has seen an excellent start with revenue at $67,242 and SDE at $24,039 through the first four month of the year. Average monthly revenue is currently the highest it's been in years. Lesson rate increases will be put in place starting 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.

Cash Flow $49,868
Revenue $164,944

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