Listing Id: 20574
Last Refreshed: 06/03/2022
Total Views: 1665
(Expired)Profitable Music School With Multiple Revenue Avenues
Central AreaMusic Schools
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Part Time
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Staff
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Established
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Source
Direct Seller
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.
Property Information
Yes, it can relocate to other place
Relocatable