Multi-market Multi-brand In-home/Online Music Lesson
Austin, TX
Sale Pending
| Asking Price: | $1,595,000 |
| Gross Revenue: | $1,400,000 |
| Cash Flow: | $398,000 |
| Established Year: | 2011 |
Listing ID: 2310462Listing provided by BizBuySell
BUSINESS DESCRIPTION
Fully Remote $1.4M+ business making a difference!
This rare gem in the space generates $1.4M+ in revenue by providing the highest quality music lessons to 750+ students with 80+ teachers on an annual basis. The business has a proven business model with great margins, established affluent clientele, and long-term contracted professional teachers. The customer acquisition model, complete branding, digital marketing systems/processes, SEO optimization, ToPR optimization, and customer LTV are all superb reflecting years of perfecting execution. Fully revamped websites and branding are complete and proven.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
2.5
Facilities
This business is fully remote and has a strong proprietary technology base to automate most workflows. Lesson income is all pre-paid and acquirer receives all pre-paid contracts. Minimal cash to transition with this unique pre-paid cash flow model.
Competition
This business is consistently demonstrating strong growth in top line revenue (26% average last 3 years) and net income (43% average last 3 years). The business has focused on affluent markets with minimal to no impact from macroeconomic factors.
Growth & Expansion
There are opportunities to grow by expanding into additional services, additional markets, affiliate sales, and competitor acquisition. The owner has demonstrated a proof of concept to roll-up small competitors to drive significant growth and profit. There are great synergies for an existing brick & mortar-based music company to expand into the remote market as well as for similar companies to add new markets into their portfolio.
Financing
Seller will consider financing up to 10%.
Support & Training
Owner will provide 30 days of transitional training. Up to 90 days of support negotiable.
Reason for Selling
Owner has another rapidly expanding business.
Home-Based
This business is Home-Based
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