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Established Music School In Calgary For Sale

Calgary, Alberta, Canada
Asking Price:
$125,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$175,000 (CAD)
Cash Flow:
$61,000 (CAD)

Overview: Embrace the opportunity to acquire a well-established SW Calgary music school dedicated to nurturing musical talents in students of all ages. This dynamic school offers private and group lessons for children as young as age 3 to adult.

Highlights:

This business will be most appealing to an experienced music teacher wanting their own facility or to existing music schools looking to expand.

Instrument Diversity:

Guitar, Ukulele, Flute, Voice, and Piano lessons provide a comprehensive musical education.
Proven Track Record:

Years of successful operation with a stellar reputation in the local community.
Inclusive Learning Environment:

Welcoming students of all ages, fostering a passion for music from the early years to adulthood.

Transition Support:

The current owner is committed to a smooth transition, providing assistance in transferring students to ensure continuity. In addition, she is willing to coach the new owner for up to 1 year, the terms and cost would be negotiable depending on requirements.

Facility:

1170sf and Featuring 2 private teaching rooms and 2 group rooms with adequate sound proofing. Option to extend lease until 2029

Rebranding Opportunity:

The new owner will be expected to refresh the school's identity, creating a brand aligned with their vision.

Transition Details: The current owner is dedicated to facilitating a seamless handover, sharing insights and strategies for maintaining and enhancing the school's success. A unique aspect of this opportunity is the flexibility to reimagine the school's brand, tailoring it to the new owner's vision.

Financial Snapshot: Summary financial and performance metrics will be made available to serious inquiries, highlighting the school's stability and growth potential. Note: This location is part of a larger business and therefore, standalone financials will not be available and SDE is estimated at $45,000.

Next Steps: Serious and qualified buyers are invited to express their interest in this unique business opportunity. Nondisclosure agreements will be required to access confidential business details.

Don't miss your chance to own a music school that has become a cornerstone in the community. Elevate the next generation of musicians and leave your mark on the world of music education.

For inquiries and to receive additional information, please contact the listing broker.

Property Information

Real Estate:

Lease

Lease Terms:

Lease is plus op costs, and pylon sign panel at $120/month. Current term ends Aug 2024 with option to renew an additional 5 years at then market rates.

Leasehold Rent:

$35,310 (CAD) per annum

Location:

SW Calgary, Retail strip location. Close to residential and other businesses.

Premises Details:

4 teaching rooms (2 private, 2 group). Sound proofed.

Size in square feet:
1,177

Business Operation

Reasons for selling:

Owner has another business and would like to reduce commitments.

Other Information

Support & training:

Owner is willing to coach for a year - terms negotiable depending on needs.

Furniture / Fixtures value:
$30,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.