Competition Dance & Performing Arts School with Retail Shop

New York

Seller Financing Available

Dance & Performing Arts School with Retail Shop
Asking Price:$265,000
Gross Revenue:$514,788
Cash Flow:$30,683
BUSINESS DESCRIPTION

**SELLER FINANCING AVAILABLE**

This acquisition presents a unique opportunity to take over a thriving dance studio with loyal clientele and a well- established reputation in the community. The combination of high-quality
dance instruction and a fully-stocked retail shop makes this business a valuable and versatile investment.

Situated on a bustling main street in a charming Long Island suburb, this dance studio and retail shop enjoys excellent visibility and foot traffic. The area is known for its family-friendly
atmosphere and close-knit community. They have an excellent reputation and have been awarded Best of Long Island for their exceptional class offerings.

In addition to dance classes, this studio offers performing arts classes as well as voice lessons, acting and musical theater instruction. Their clientele are primarily children ages 3-18, however, classes for adults are also offered.

Their retail shop is open to the public, attracting both dance students and local shoppers. The shop offers a comprehensive and affordable selection of dance wear, dance shoes, tights, gifts, and accessories. This convenient shop enhances the studio’s community presence and provides an additional revenue stream.

With their established reputation and a wide range of classes, there is significant potential for growth and expansion; opportunities to introduce new classes, workshops, and events to attract a broader audience. There is also the potential to expand the retail shop’s offerings or create an on-line store to reach a larger market.

The owners are looking forward to retirement and are seeking a passionate, dedicated buyer to continue the legacy.


ATTACHED DOCUMENTS
Investment Summary.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
6
Facilities
Relocatable but not advisable, well known in the area. Storefront on Main Street. 3,500 sq. ft. Building consists of 3 dance instruction rooms, welcoming foyer waiting area, retail shop and office area.
Growth & Expansion
With their established reputation and a wide range of classes, there is significant potential for growth and expansion; opportunities to introduce new classes, workshops, and events to attract a broader audience. There is also the potential to expand the retail shop’s offerings or create an on-line store to reach a larger market.
Support & Training
Owner willing to stay on to train for a short negotiated period of time.
Reason for Selling
Retirement
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Anthony
Citrolo
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Anthony Citrolo