Australia's Longest-serving Premier Music Rehearsal Studio. First Time Offered!

"This type of sought-after business doesn't come to market often!" Great opportunity within the music industry! Fully systemised & run under management, the brand is famous in the music industry.

Revenue: $556,411 pa
Rent: $169,792 pa
Net Profit: $273,409 pa

Location Details

The business is conveniently located in a modern industrial complex in Alexandria. Close to the CBD, Airport and Eastern Distributor.

Potential

- Increase social media marketing

- Promote and target marketing to Music Retail Outlets, Music Venues, Music Educational Institutions etc.

- Implement a licensed bar

- Introduce sound recording services

- Booking agency service

- Artist management

- Create an independent Record label

- Start an Audio School

- Retail Merchandise

- Equipment supplier

- Offer A.V. Sales & Installation services

Skills

This business is run under management. Would suit an investor wanting to run a business under management, music industry enthusiast or a buyer looking to expand, diversify or add to a broader group.

Hours: 7 Days a week. 9:30am - 12:00am
Lease: 5-year lease until August 2027
Employees: 8 Casual Staff Members
Reason for Sale: Retiring after 41 years in the business.

About the Business

The business is conveniently located in a modern industrial complex in Alexandria and provides Studio Sound Rehearsals. Other services include;

- Multiple rehearsal studios

- Public Address: installation, hire, sales, and service

- Equipment storage

- Equipment sales and service

- Musical accessories sales

- Audio Engineers and Operators

- Audio courses

- Café and catering

History:

Established in 1982 and has been in its current location since 1987. The business has an incredible reputation within the music industry.

Property Code: 136