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Businesses For Sale   >>   Absentee Businesses For Sale   

Music School For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $230000
Net Profit / Cash Flow  $70000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  Seller is moving.

Description  
Asking Price: $140,000 This music school has great potential for growth! During the weekdays (Monday-Friday), the school operates for an hour a day, while on the weekends (Saturday-Sunday), the business is open for a full nine hour day. The school is located in a busy, central location in Queens, and operates a van that picks up children from three neighboring schools, which are all in a 15 minute vicinity. Currently, the business is registered as a music school but a motivated buyer can obtain an after school license which would exponentially expand the potential of the school. Inventory: $ 7,000 Reason for Sale: Seller is moving. Training & Support: Will provide as necessary. Year Established: 2009 Employees: 3 Full Time, 10 Part Time Absentee Owner: No Lease Option: 5 years + 5 year option Monthly Rent: $ 4,500 Square Footage: 2,000 Facilities: The music school has two floors that are each 1,000 square feet. On the street level floor, there is a receptionist counter, piano, and seats for guests. The first floor also has 9 acoustic cubicles for individual lessons. The second floor contains 3 classrooms; 1st and 3rd room can hold up to 12 students and the 2nd room can hold up to 8 students. The school owns a van.


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