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Profitable Music School- Perfect for Music Teacher

Northglenn, Colorado

Services - Educational Services | Services - Other Personal Services

Asking Price $138,000 Inventory $2,500* 
Gross Income $217,633 Real Estate  
Cash Flow $88,541 Year Established 1994
FF&E $45,000* Employees 9

* included in the asking price

** not included in the asking price

This is an established, well equipped, and well designed music center offering lessons in all instruments and voice. There are large piano studios, lesson rooms, an office, a lounge, restrooms and storage. Lessons are provided to students as well as recital opportunities. Currently, the store sells music only to students, but there is certainly an opportunity to establish a retail component. There is a combination of employees and instructors that rent space to provide lessons. Perfect for a music teacher!

Facilities: Well designed facility with convenient location and plenty of parking. Buildout of approx 42K above what is included in FF and E.

Growth/Expansion: Could do much more retail.

Support/Training: 2 weeks

Reason Selling: Retirement

AD # 360244

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