Asking price
POA
Annual turnover
£350,000
~£6,731/wk
Annual net profit
£80,000
23% margin
About this business
Well positioned Music School and Studio in London For Sale The company trades from an impressive studio space in a demanded part of London, holding one of the best reputations in the city. Since launching in 2007, the company has grown all aspects of its trading model and now holds an impressive market share for all aspects of musical instrument tuition. The business is currently at full capacity, exceeding 400 classes per week across two premises (home visits offered separately and not included in this figure). The company works with a highly adept team of teachers across all traditional and modern instruments, where lessons are offered to all age groups and are provided on an individual and group basis. The client retention rate within the company is excellent and the accretive progression through the examination and grading process has returned high pass rates and new client referral rates over the years.
Key Highlights
The founding owner has reinvested profits whilst maintaining a positive financial model; this now presents a turnkey opportunity within an ideal trading location. The studio provides its client base instruments on a regular loan basis and also for use over specific lessons sporadically. We are advised that the instrument value alone within the company exceeds 5 figures in value. The opportunity is a credit to the owner who wishes to sell and retire from the industry.
5 star client reviews Excellent pass rate for examinations Positioned within a highly accessible area of London One of the most established teaching studios in the area Adjusted EBITDA exceeds £80,000 No long term borrowing or debt
Acquisition benefits
The school would make an excellent bolt-on to an existing training/teaching provider within the creative arts industry and retains mid-tier management. There is tangible growth potential to supplement the core offering with online course, broader teaching for complimenting practices and expanding the trading radius where there is clear organic demand in place.
Financial summary
Advertiser-provided figuresNet margin
23%
Asking price
POA