Music School in Norfolk County, MA For Sale
Norfolk County, Massachusetts
Listing Number: 1600
Asking Price: $299,000
Gross Revenues: $350,000
Owner's Cash Flow: $130,000
This a fantastic opportunity to acquire a highly successful venture that enjoys a five-star rating and a dedicated base of long-time customers. Located in an affluent community west of Boston, the traveling music school offers in-home lessons, specializing in beginner, intermediate and advanced instrument lessons to adults and children ages six and up. The lessons including piano, guitar, drums, voice and bass are taught by a talented and tenured staff.
This school’s modern teaching approach balances traditional fundamentals with complimentary studies that nurture a student’s artistic, creative relationship with their instrument. Lessons encompass note reading, music theory, scales, chords, ear training, improvisation, and cover musical genres from classical to rock to country to jazz and everything in-between.
This unique business model generates high profit margins with minimal day to day operations management. Instructors are scheduled in advanced with recurring clientele base. More time could be focused on business development and new student enrollment with a strategic marketing program. There is no restrictions or limits to the enrollment capacity other than recruitment of additional instructor to service new students.
With its sterling reputation, a sizable customer base in one of the most prosperous neighborhoods of Greater Boston, and untapped revenue potential, this business is a unique opportunity for a music-minded entrepreneur seeking a thriving business in music instruction
Growth and Expansion Opportunities
For a future owner, this business offers considerable growth potential. With a unique operations model that does not require a brick-and-mortar base, inventory, nor equipment, the establishment has the potential to serve a greater number of clients beyond the current market area.
Employees: 8 FT
Support & Training: The sellers will provide necessary support and training.
Reason Selling: To concentrate on other business opportunities