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Online Music School Catering To Busy Adults For Sale

London, UK
Asking Price:
£29,000 Furniture / Fixtures included
Sales Revenue:
£50K - £100K
Cash Flow:
Under £50K

Music school catering to busy adults in Birmingham and London, UK is now online using Zoom or Skype (social distancing restrictions). Lessons are taught in a low-stress format, meeting once a week for a half-hour or full-hour lesson, and follow a program developed by Guitar Cities based on their experiences as instructors and their careers as touring and recording professionals. Lessons are catered to the individual needs and goals of every individual student. The business includes an online scheduling website and payment system; instruments and recording equipment; back office support personnel; and a client database with hundreds of names. The school has been in business for over 8 years and has had the same professional musical instructors the entire time. The instructors are paid a percentage of the fee charged to the customer so there are no wasted direct labor costs.

There is also a school located in NYC which can be included in a package deal for all three locations.

Business Operation

Expansion Potential:

Low overhead in a busy section of London. Instructor musicians are paid a percentage of the fee charged to the customer. Scheduling a session is automated and so is payments. The school is operating at less than half capacity and has room for growth.

Competition / Market:

This is a very unique and niche business catering to busy professionals. Nothing comparable to this exclusive business

Reasons for selling:

Owner wants to focus on business in Chicago

Trading hours:

7:30 am to 9 pm

Employees:
2
Years established:
8 plus years

Other Information

Support & training:

Current owner desires to stay with the business to help with profitability and growth.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing available to a well qualified buyer with a down payment

Furniture / Fixtures value:
£2,000 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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