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Established Franchised Music Education School For Sale

Mecklenburg County, North Carolina, US
Asking Price:
$385,000
Sales Revenue:
$228,311
Cash Flow:
Under $50K

Named the number one franchise for Children's Enrichment Programs for 2019 by Entrepreneur Magazine, this is a fantastic opportunity to own and operate a premium, top- rated national brand in one of the fastest growing areas in the country! Located in the heart of Lake Norman, this school’s beautiful facility and prime location will save a new owner significant time, expense, and risks involved in setting up and operating a new school from scratch.

Offering people of all ages exposure to music across many genres, this business provides a unique experience, offering not only individual lessons, group classes, band/ensemble participation, studio recording, seasonal camps, and parties, but creating frequent opportunities for public performance, giving students a platform to take their skills to the next level.

With a gorgeous built-out, ready-to-rock-n-roll facility and transferable lease in a prime location, this turn-key business is ready for a new owner. Any reasonable offer will be considered! Inquire today!

Property Information

Real Estate:

Lease

Leasehold Rent:

$84,240 per annum

Premises Details:

This business is located in the heart of the Lake Norman area, one of the fastest-growing areas of the country. The facility is a fully built-out leased space with 3,181 square feet.

Business Operation

Expansion Potential:

There is huge potential growth with this business.

Competition / Market:

With many competitors in the market area, this business competes on the basis of service, experience and quality.

Trading hours:

Mon – Wed 11-8, Thu 11-9, Fri 12-7, Sat 9:30-4, Sun by Appt.

Employees:
12
Years established:
2017

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise Renewal Date: Nov 27, 2026
Royalty %: 7% + 2% Advertising
Franchise Transfer Fee: $8,000, Paid By: Buyer

Other Information

Support & training:

Training and support can be provided by the on-site director.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The seller will consider some financing to the right, qualified buyer.

Furniture / Fixtures value:
$313,619
Relocatable:
This business can be relocated.

Contact Enlign Business Brokers

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