This business is well-established and has grown quickly with excellent marketing techniques in a fast-growing city. They are the number one music-and-arts school in Ellis County for enabling passionate learners to achieve their goals in music and art. They are semester-based, with spring, summer, and fall semesters. This academy offers quality private lessons from ages four to adult every semester, with the addition of small-group intensive camps in the summer. Showcases at the end of each semester allow the music students to perform on stage and the art students to display their work for their families.
- Asking Price:
- $51,000 Furniture / Fixtures included
- Sales Revenue:
- $118,260
- Cash Flow:
- $34,258
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1,100 sq ft
Lease expires March 2026
- Leasehold Rent:
-
$1,556 per annum
- Location:
-
They are currently located off a major road and conveniently near downtown Waxahachie. Some of their neighbors include youth sports fields, churches, public parks including one with a live-music amphitheater, neighborhoods, coffee shops, bakeries, restaurants, and a museum.
Business Operation
- Expansion Potential:
-
This academy is poised to become the center of the arts for Ellis County, with the ability to add other areas of the arts (such as acting and more) and eventually move to its own facility.
- Competition / Market:
-
There is another music school in the area whose owners are rumored to be moving out of state soon. They do not have their own location and have been renting space from a church. This business separates itself from neighboring competition by providing a combination of multiple types of music and art lessons to its customers. While most establishments in this space focus on one interest, this business provides a diverse list that is appreciated by all customers.
- Reasons for selling:
-
Life Change
- Trading hours:
-
Office: M/T/TH/F 11am-7pm, Wed 11am-6pm;
Lessons: M-S varies
- Employees:
- 6
- Years established:
- 2012
Other Information
- Support & training:
-
The owner will train at no cost for 30 days (or whatever is negotiated). The owner would actually like to stay on and keep teaching.
- Furniture / Fixtures value:
- $14,000 - included in the asking price
- Relocatable:
- This business can be relocated
