Price: $239,000 (Stock Included)
A rare opportunity to acquire one of Melbourne's most reputable and fast-growing music schools, known for its excellence in guitar, piano, drums, vocal and band performance instruction. Operating successfully for over 15 years, the school currently serves more than 180 active students and is supported by a reliable teaching team, streamlined systems, and a strong community reputation.
The business runs smoothly with minimal owner involvement (approximately 5 to 8 hours per week) and offers outstanding scalability for future growth. Now available for sale at $285,000, including equipment, goodwill, and complete operational systems.
Financial Snapshot:
- Revenue Growth: From 2020 to 2025, turnover increased at an average rate of nearly 86% per year.
- Rent: $36,000 per year (inclusive of GST) for a professional 7-room facility.
- Lease: Long-term lease secured with over 7.5 years remaining, with options.
- Profitability & Scalability: Infrastructure capable of supporting more than 480 students.
Location Details:
Located in a family-oriented northern suburb of Melbourne. Surrounded by schools, libraries and community hubs. Excellent visibility and ample parking.
Premises & Facilities
- SEVEN fully equipped teaching rooms, including a band or group rehearsal room.
- Professional reception and waiting areas.
- Disability access.
Growth Potential:
- Significant spare capacity, with the ability to accommodate up to 300 additional students using the existing 7-room setup.
This allows the student base to grow from the current 180+ to approximately 480 students without requiring any additional rooms or expansion of the premises.
- Introduce group, ensemble, and band programs to maximise utilisation of the large rehearsal room.
- Add online and hybrid lessons to reach students beyond the local area.
- Potential to franchise or open additional locations using the current operational model.
- Opportunity to complete NDIS registration (process already initiated) to expand into government-funded lesson categories.
Skills Required:
No specialised business experience required. Simple coordination, communication with teachers, and light administration are sufficient.
Hours:
Owner commits approximately 5 to 8 hours weekly overseeing staff and systems.
Employees & Contractors:
More than 12 experienced teachers plus one administrator, all teachers engaged as contractors. No fixed payroll overhead.
Reason for Sale:
The owner is transitioning into a business automation consultancy service while remaining invested in the ongoing success of the school. A full operational handover will be provided.
Special Offer for Buyers Who Settle Within 30 Days:
- 12 months of mentoring and operational support from the vendor's consultancy service.
- 12 months of guidance from a professional accountant and adviser.
- This support typically represents an estimated value of more than $50,000.
This incentive provides strong reassurance and practical transition support for first-time business owners.
Next Steps:
To receive the business profile, please enquire through Bonza Business Sales and complete a Confidentiality Agreement. Submit your enquiry today to learn more.
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