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Listing Id: 20574 Last Refreshed: 06/03/2022 1720 Views

Profitable Music School With Multiple Revenue Avenues

Expired
Asking Price <span class='currency'>S$</span>200K - 500K
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Part Time
Premise Status
Rent
Premise Type
Commercial Street

Business Details

Reason For Sale

Divest

Description

They say Education is recession proof. They also say Music makes the world go round.


In many ways these are true. Putting these 2 together, Music Education continues to be a fast growing industry. Many young learners are playing 2 instruments or more today at a very young age. We witness that a lot in our school, not to mention the number of aspiring “musician” YouTubers out there.


During the Circuit Breaker period, our online sales jumped by 3 folds!  Even during Phase 2 Heightened Alert, we remained profitable. At present state, all our music lessons have resumed and our students number has grown higher than before the Circuit Breaker period.


We are a profitable business, and we are (very selectively) looking for someone with a passion in education and preferably with a music background to take the business to a whole new level. Full training & guidance will be provided. We are opened to seling the business in whole or in part.


This business is unlikely a right fit for you if you are an Investor/Venture Capitalist looking for quick 1-3 years ROI, or have no music background (or business partners with music background), or you do not intend to run the business yourself.


Interested parties please send your info through the contact form here and we'll be in touch with you...(sincere buyers only). We would like to politely reject contacts by brokers or agents. Thank you.


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