Having been in business for 30 years, this private, independent music school and math tutoring center is ready for a new owner. It primarily offers authorized music programs featuring piano lessons to students of age 4 and up. Authorized fun math program is also provided on site to help students develop intelligence. The business has been operated successfully in a traditional way with no social media and minimal-to-none marketing, leaving huge room for the new owner to expand. Their enrollment dropped due to the impact of the pandemic but maintains steady around 85 students. Their average revenue for the last 3 years was about $262k with an adjusted net of $84k. The school is located in a prime area with excellent access and parking in a city with a rapidly growing “education centric” community. The only reason for the sale is owner retirement.
Business highlights:
• Long established school with high internet rating (Google 4.5+ stars)
• Specializes in and famous for excellent piano programs
• Solid authorized programs with No royalty fees
• Books, curriculum & material in place
• 2,400 sf with a total rent of $3,400, including water
• Excellent interior layout that maximizes the leased space for a very positive and conducive learning/teaching experience
• Multiple classrooms offering individualized classes
• Located in a business complex with exclusive unreserved parking
• Resides in a city that is education centric and ever increasing in population
• Hard-to-get “specialty” business license with the city
• Dedicated and highly experienced instructors
• Great potential for further growth by either adding more academic or AI, coding non-academic programs, or turning it into a talent center
Disclaimer: The information herein was furnished by the Seller. Neither Sunbelt Business Brokers Pasadena, nor its agents, have verified the information and make no representation as to its accuracy, completeness or reliability. It is buyer’s responsibility to perform independent due diligence to verify all the information, with the aid of appropriate professionals, if necessary, prior to purchasing the Business.
A full NDA is required for more details. For more information, please contact Iris Chen at (626) -------- or email her at [email protected].
Facilities:
SQ - 2,400 approx
Located in a prime area with excellent access to parking.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: 3400
