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Lucrative Music Academy And Venue/Cafe In Inner City Calgary For Sale

Calgary, Alberta, Canada
Asking Price:
$250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$100K - $250K (CAD)

Music Academy with an intimate 65-seat venue for sale in inner city Calgary.

Currently, the Academy operates primarily Monday to Thursday with a group classroom that can accommodate 20 people with instruments or 35 without. There are 2 spacious private lesson rooms with windows and acoustic pianos.

During the Academy hours, the lobby also operates as a cafe and is set up for Skip the Dishes and Uber Eats.

Currently, the facility transforms into a live music venue for Friday/Saturday/Sunday with evening shows and Brunch on Saturday/Sunday mornings. There is a stage with lighting/state of the art sound system, grand piano, drums, bass rig, etc. Other schools use the facility on Saturday/Sunday afternoons for their recitals.

2 websites are established for the live music calendar and the academy with online registration, ticket box office and more.

There are many options for how the facility could be used and your creativity is the limit!

Property Information

Real Estate:

Lease

Lease Terms:

includes utilities and CAM

Leasehold Rent:

$75,000 (CAD) per annum

Location:

Spacious, 2000 sqft 2nd floor location near downtown Calgary. There is plenty of parking and located in an upcoming neighbourhood.

Size in square feet:
2,000

Business Operation

Employees:
10
Years established:
5

Other Information

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price