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Long established music school

Orange County, CA
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Asking Price:$180,000
Gross Revenue:$284,853
Rent:$7,100/Month
Cash Flow:$50,000
Inventory:$40,000
Established Year:1989
Listing ID: 2139427Listing provided by BizBuySell
BUSINESS DESCRIPTION

Long-established music school in Orange County operated by a part-time owner. The business has two major revenue streams which are instrument rentals and music lessons. Lessons are taught by subcontractors that have been with the company for a long time. The business has been open for over 30 years now and the current owner is coasting along. This is an opportunity with low hanging fruit in regards to upside. Business includes $40,000 of rental inventory.

DETAILED INFORMATION
Location
Orange County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,500
Lease Expiration
30/09/2026
Employees
1
Facilities
Leased facility with multiple rooms for private lessons and a waiting area. The decor is modern, and inviting with musical themes throughout. Plenty of parking for customers.
Competition
The demographic surrounding the school is an evergreen one for the business. Parents will continually send their children for music education. Additionally,
Growth & Expansion
The business is only open partially during the week. The space is being underutilized. Opening one or two more days would allow for additional income from lessons. Also, extending hours that the business is open is an option.
Support & Training
Owner will train as needed and is available to stay on beyond the training period as a paid employee if needed.
Reason for Selling
Retirement
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Pramod
Patel
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Pramod Patel
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