Business For Sale Newcastle, New South Wales 2300
Business Category Entertainment
$249,000 + SAV
Description
Longstanding, Lucrative Private Music Education Business
Currently on offer is a longstanding music education provider operating since 1995 with a stellar reputation as one of
the leading institutions for music tuition in Newcastle and the Hunter. It offers tailored and comprehensive programs
ranging from guitar, piano, drums and vocal, among others. It has also started offering online lessons, demonstrating
its resilience and adaptability, resulting in its financial success amid the COVID-19 pandemic.
Currently, the business has over 400 students across Newcastle, Maitland and Lake Macquarie in its database and
experiences a high rate of repeat clients. The business attracts its clients mainly via word-of-mouth and social media
marketing, with Google serving as its most effective client acquisition funnel. As a result, the business is taking
approximately $750,000 in annual revenue.
The business is supported by a team of seasoned instructors, as well as administrative and managerial staff capable
of working autonomously. As such, the current owners are afforded the coveted lifestyle flexibility.
The businesss main campus is strategically located in an accessible and predominantly commercial area. In addition,
it also has a satellite campus in Maitland and another in Glendale, which operates in partnership with a prominent
college.
The premises of the main campus are beautifully appointed and are fitted with a hard-to-miss faade. It is
subdivided into two buildings, with the first having a foyer, reception, kitchenette and six music rooms. The second
building has ten music rooms, a stage and a foyer. Across all campuses, the business has over $70,000 worth of plant
and equipment, which will be included in the sale.
The business presents immense potential for further growth by exploring collaboration opportunities with
educational and musical institutions in new regions, capitalising on digital education and creating programs for
various demographics. The business is also yet to explore partnerships with the NDIS (National Disability Insurance
Scheme) by offering services such as music therapy, which could boost revenue significantly.
This listing is being advertised by Direct Business Hub with all email enquiries being forwarded to the business seller who
will then contact you!
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures
are indicative only.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.