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Established Music Education Business - Great Cash Flow and Established

Portland, OR

Seller Financing Available

listing image
Asking Price:$750,000
Inventory:$75,000
FF&E:$130,000
Gross Revenue:$750,000
Rent:$7,500/Month
Established Year:2018
Listing ID: 2313898Listing provided by BizBuySell
BUSINESS DESCRIPTION

Strong Community Relations, Cash Flow, Amazing support system

Dream Business - Own your Own Rock Star Factory!! An established Music School educating kids and adults on every type of instrument, all ages. Choose your level of involvement and let the amazing staff do the rest. The system and curriculum are designed to maximize education for students and maximize income for the business. Already set up for intelligent prospecting with high rate of conversions to customers. All the staff, hardware, instruments, studio, stage and community relations for performance access and sponsorships are in place. Current owners are moving out of the area and this business needs either an absentee owner that can be on site one or two days a week, or full time owner who loves to ROCK OUT!! It's a literal concert every time you walk in to the school.

DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2400 square feet of musical nirvana. 15 different lesson/ practice/ rehearsal rooms. Every room fully equipped for nearly every type of instrument. Business does include 5 full pro DJ Rigs, Full stage, Working Professional Studio, Every room has a PA system - Mixer, speakers, cables. All in a very conducive and fun atmosphere for learning music and how to play.
Competition
0.5 Mi radius - 1 Market Participant in the same space 1.0 Miles - 2.0 Miles - 1 Market Participant (same one) 2.0 - 3.0 Miles - 3 other Market Participants Similar business and pricing structures This school listed here has more offereing for younger ages, more instruments, and regular performances and showcases.
Growth & Expansion
Current owner has first right of Refusal for Portland-area additional schools
Financing
Seller Financing available
Support & Training
Fully supported - includes Franchise support, local support and an option for consulting on an as-needed basis
Reason for Selling
Moving out of immediate area and commute will be much longer
Franchise
This business is an established franchise
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MATTHEW DUFNER
Phone Number
MATTHEW DUFNER
Call Phone