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Listing Id: 18004 Last Refreshed: 05/08/2020 7210 Views

Successful Music School With 400 Students

Closed
Asking Price &gt; <span class='currency'>S$</span>5M
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$500K-1M
Gross Profit
S$500K-1M
Net Profit
S$200K - 500K
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall

Business Details

Reason For Sale

The owners wish to retire.

Description

About

The school recognizes that students have their own uniqueness and own preferences. This is the school’s driving force to offer one of the best teaching methods and one of the widest range of pieces that every student can find around.


Business

The core stream of income of the school would be the graded courses in the area of violin, piano, guitar, drums, keyboard, and more. The second stream of income would be arranging public performance for students in Singapore and overseas. In addition, the school also organizes concerts in renown concert halls in Singapore. A good stream of passive income would be classroom rental during off-peak hours to students to practice or take exams.


Location

The school is strategically located within a shopping mall in the Central Region of Singapore. The shopping mall is a mixed-used development situated directly above the MRT station.


The School

The school is nicely renovated and follows a constant yearly maintenance and upgrading work to ensure a conducive environment for every student.


Reason for Selling

The owners wish to retire. However, the owners will ensure proper takeover will take place and are willing to be an adviser for the new owner or whoever will take over.



Email

info@hnsbusiness.com

 

Call Us

Call & Text: 9753 4609

Office: 6515 7078


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