State - Of - The - Art Music Center
Location North Carolina,United States
Asking Price Range < $250K
Gross Revenues $350000
Net Profit / Cash Flow $122824
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Inventory 310000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training
Reason for Sale Other business demands
Description Making a Difference with High Cash Flow Opportunity - The owner opened this 4,500 square foot state of the art music center in 2006 and started with a bang with gross receipts of $337,000. He put a large amount of money into the build out of the facility and with that comes a large rent reduction due in 2015 adding at least $9,000 to cash flow. In 2009 he returned to his full time job as it made him more money and he left the business to be absentee run.
His concept is truly unique in that he provides private instruction, group instruction, and also recording services. His approach separates him from the competition in that his sole focus is not on traditional instruction but on allowing the students to learn in songs and instruments that they enjoy. Weekly breakeven is only $2,500 making this opportunity very low risk. For additional information contact John Pyle at 704 290 6828.
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