Businesses For Sale
Businesses for Sale
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- Status : Active
- Relocatable : No
- State/Province: California
- Listed Price : $500,000
- Listing ID : 15642
- Down Payment : $50,000
- Discretionary Earnings : $206,906
- Total Sales : $372,681
Here is a great opportunity to own a well-established and profitable music school located in the Tri-Valley area in the San Francisco East Bay. This family owned and operated business offers music lessons in piano, voice and guitar. In addition, there is a small retail presence in selling guitars, ukuleles, accessories and lesson books. The current owner started the business over 14 years ago and is looking to retire and relocate out of the area. The business has an education focused approach to music lesson and employs degree professional music instructors. There are approximately 85-125 clients that travel up to 20-25 miles for their music instructions. The business also has a strong presence in the community working with schools and community enrichment programs.
The school operates out of a 1,357 square feet retail space and is built out with a reception area, music rooms, storage space and an office. The lease runs through April 2022 with a 5-year option available.
The business has been pre-qualified for lender financing for a buyer meeting the lender’s requirements. The seller will provide up to 4 weeks of training to help with an orderly transition of the business to the new owner.
Educational/School / Music School; Music / Music Retail Store