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Music School - Musical Instruments Retail And Instrument Service & Hire Business For Sale - Busy Location - Turnover $400,000 Plus Annually - Huge Growth Prospects - Only $295,000
Advert Id: 302824Location:Rockingham, Perth, Western Australia
Category:Service, Hire and Rent, Retail
Asking Price:$295,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Western Australia is the place to be in 2020. Own your own Business or Own your own property.
Music makes the world go around. Here is an amazing opportunity to own this iconic business that has massive potential to expand. This business has built a strong and reliable reputation among musicians throughout the south of Perth over the past 17 years. It has seen excellent growth and is an ideal opportunity for individuals who are passionate about music and want to become an integral part of the thriving Perth music scene, while enjoying a substantial income at the same time.
It is perfectly located south of the river in Perth, with huge exposure due to its position being near a large shopping centre with large walk-by traffic. It is a one stop shop for the musical needs of all customers and local schools in the area.
Ironically during Covid-19, this industry has seen a huge increase in revenue as more people look to playing musical instruments as a new skill or hobby.
It offers professional repair services for guitars, amplifiers, keyboards, brass & woodwind and stringed instruments and much more. The academy has bright and welcoming studios where qualified and experienced tutors impart musical knowledge. This business has everything in place to expand and grow and all it needs is a new owner that has the drive to take it to a new level.
Features of the business:
Well-established business for over 17 years and still going strong
Located in a busy area near major retail outlets, fast-food stores and schools
Multiple income streams - retail, music lessons, repair services and instrument hire
Brilliant annual turnover in excess of $400,000 with low overheads and terrific margins
Qualified and experienced tutors and staff eager to stay on once sold
Outgoing owner willing to train the buyer for two months
This business will not stay long on the market, so don't miss out on this opportunity. The South of Perth areas are currently booming with the cheaper property market and this is the perfect place for a go getter new owner/operator to take this business to the next step, especially by using digital marketing platforms. For a confidential discussion and more information, please call us on the number given above TODAY!
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