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Prime Opportunity: Renowned Metro Detroit Audio Recording Studio

Sterling Heights, MI
Studio 1
Studio 1
Asking Price:$850,000
Rent:$1,500/Month
Established Year:2019
Gross Revenue:$220,000
FF&E:$350,000
Listing ID: 2281230Listing provided by BizBuySell
BUSINESS DESCRIPTION

Parallel Sounds Studios

Founded in 2019, this premier audio recording studio in Metro Detroit offers an excellent opportunity to acquire a well-established business with a strong track record of success. The studio boasts state-of-the-art equipment and has undergone brand-new renovations in 2024, providing a sleek, modern environment for clients.

This studio has experienced consistent growth with over $200,000 in gross revenue annually since 2021, with year-over-year growth of 15-20%. The staff includes (5) experienced audio engineers and studio manager, providing high-quality audio and production services to thousands of clients.

The studio will come complete with the latest audio recording equipment including the only publicly available Dolby Atmos 9.4.1 system catering to a wide range of audio needs, including music production, sound design, podcasting, and more.

The Studio is in a prime location in Metro Detroit, serving a diverse and expanding market. The sale would come with an engaged following including 4,500 Instagram followers and 1,600 contacts in client database. This is a turnkey business perfect for an owner looking to step into a profitable, rapidly growing studio with a solid foundation and a loyal clientele.

Instagram: @parallelsoundsstudio

DETAILED INFORMATION
Location
Sterling Heights, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There are two studio facilities co-located at a single address with sound-proof barrier walls dividing the space. All utilities are included in the rent. This sale will include all furniture, fixtures, and capital equipment including the POS system. The sale will include all software and support equipment. The value of all equipment included with the sale exceeds $300,000
Competition
Major competitors include Tempermill, Soundslingers, and Get Fresh Studios, none of which offer the platform and back-end customer support that Parallel Sound Studios is renowned for in the local market. https://www.musicindustryhowto.com/recording-studios-in-detroit/
Support & Training
Management and IT support by ownership group and current managers can be provided to ensure a seamless transition.
BUSINESS LOCATION
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Joseph Saponaro
Phone Number
Joseph Saponaro
Call Phone