Sold - Profitable, Established And Independent Dance School For Sale In The Greater Geelong Area

Business ID: XB156918



2024 Revenue up 16% to $545K. Adjusted profit to owner in excess of $228K

This well-established, highly regarded and purpose-built dance school is an entrenched part of the local community. Multiple studios all under one roof built to Australian Ballet standards, caters mostly to school-age children offering a variety of dance styles.

Situated in one of the state’s fastest growing regions, this profitable business boasts:

- Income circa $545k

- Adjusted Net Profit $228k (FY 2024)

- Year on year growth

- Owner runs the business remotely 4 hours away and spends on average 10 hours per week working on the business and 1 day per month in the business

- 300 plus students and growing, enrolled in multiple classes

- Potential to double the student numbers

- Complete new fit-out including specific sprung dance floor

- No competing dance schools with their own facilities within a 20km radius

- All management systems and software in place

- Experienced casual instructors who do all of the teaching

- Long lease

- Ranks number 1 on Google for the area

Other revenue streams include:

- Mid-Year Showcase

- Holiday Dance Camps

- End of Year Concert

- Uniforms

- Merchandise

- Digital Recordings of Performance

- Some Photography of Performances

The vendor is open to working with the new owner for an agreed period of time to facilitate a seamless transition.

The business is suitable for an individual or business with the vision to continue to grow it to its fullest potential while making a solid contribution to the world of dance education.

Asking Price: $385,000 including assets and transition support

Property Code: 3873