Ad ID: 80773

Thriving Music Education Business for Sale North Island

This is a thriving music education business with an excellent reputation and more than 300 students. It has been profitable from day one and has a lot of growth potential.

Location:
Asking:
$75,900
plus GST (if any) plus stock
Turnover:
$259,909

Business for Sale Description

Thriving Music Education Business for Sale North Island

This is a music school that offers music tuition to students of all ages.  It offers a variety of instruments and over the years, it has taken students from beginner to advanced levels in their instruments.

This is a special business indeed.  It has an excellent reputation with students and teachers alike.  If you purchase it, you will be buying a business that is growing from strength to strength.  You will also have the great satisfaction of being part of something that has such a significant, positive impact on lives.

Many businesses are sold when they are no longer profitable.  This thriving business has been profitable from day 1 and continues to be so.  

The owner is sad to part with it but is selling because of family commitments. The owner works part time hours and is also aware that this business still has much potential that hasn't been realised and needs a new owner who is able to put more time into it to further grow it.

In summary, you'd want to explore this business because:

  • It is a well established and thriving business with a current clientele of more than 300 students.
  • It has an excellent reputation evidenced by significant growth in student numbers and revenue over the years with barely any marketing expense.
  • It has great financials, being profitable right from the start. In the last 5 years, the EBPITDA (Earnings Before Proprietor's Drawings, Interest, Tax, Depreciation and Amortisation) has been growing at an average of 7% and is on average, $28,500. There is no debt.
  • High proportion of repeat business as most students tend to re-enrol each term.
  • There is a lot of growth potential for a new owner to realise; you can really leave your mark and realise greater profits.
  • This is a very well organised business with systems and procedures in place.  These are documented in manuals that will help smooth the transition for you.
  • Thousands of dollars had been spent on the development of curriculum.  The intellectual property of the curriculum notes is included in the sale of this business to continue to generate good returns for you. 

Do drop us an email to enquire further!

The asking price for the purchase of this business is $75,900 + GST (if any) + stock at valuation. If there is more than one offer on the purchase of the business, the business may be sold to the party offering the highest price.

Note: Picture featured is a standard stock photo to protect the confidentiality of the business.


Business Resources

The following are some key resources that are included: 

  • Documentation that includes: (a) Manuals documenting processes and procedures (b) Job descriptions (c) Recruitment documents including advertising texts, application forms, interview questions and tests, (d) Employment documents including contracts and employment forms (e) Templates for various tasks.
  • Music instruments and gear for all the classes.
  • Music resources including thousands of dollars worth of music books, sheet music,digital music.
  • Music class curriculum notes.
  • Existing rental agreements in good, well presented locations that the business has rented for years.
  • Trained admin staff and great team of teachers.

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