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Business for Sale Summary

Music School in Westchester County, NY - 33534

Business Type: educational services / schools,schools/ education
Music School in Westchester County, NY
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Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $100,000
Gross Revenues $198,067 Lease Remaining Register Free to View
Owner’s Cash Flow $68,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and

Business Description

Have you ever wanted to own a Music School and help make an impact in the lives of people of all ages? Well now you can, and you don't even have to be a musician! Check out this established music school in Westchester, NY that is 100% Turn-Key! Been in business over 10 years, very well known in the community, and has a full staff of teachers in place. The current owners are looking to retire after more than a decade of helping people achieve their musical goals. The location is fantastic. On a major road with great street visibility and plenty of off street parking. They offer lessons for multiple instruments as well as voice, instrument rentals, and summer camps and various workshops. When we say Turn-Key, we mean Turn-Key! The school has 8 individual teaching rooms with pianos in each teaching room. Grand pianos, upright pianos, and digital. A large band performance room, a recording studio control room, a private office, a waiting area. A portable stage with a light and sound system. Over 100 recital chairs. The school even has a retail sales portion offering sheet music, books, accessories and supplies. The income is 100% verifiable. The sellers keep meticulous records going back several years. PROVABLE NUMBERS. The seller have not been running this business to its potential as they're looking to retire. Despite the shutdown, the business is doing well, and has managed to maintain a majority of their students. Online classes are now being offered, and when things are normalized the seller has full confidence that when students want music lessons again, they'll come back to this one, as it has a reputation it's been able to maintain for more than 10 years. A new owner with more energy can come in and grow the business even more, even quicker. If you have an interest in music and desire to manage your own business, then the owner wants to talk with you immediately. For $100,000, you can be miles ahead of anyone opening up a music school. Contact Boris Teodoro at 877-735-5224.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.