Dance Studio Investment Opportunity in Chennai, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 32 thousand |
Run Rate Sales | USD 41 thousand |
EBITDA Margin | 30 % |
Industries | Dance Studios |
Locations | Chennai |
Local Time | 7:40 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The business operates 25 branches across Chennai, with high customer loyalty and a total of 2,500 students having passed through its programs.
- The school offers both classical dance and musical instrument classes, with the majority of its revenue coming from Bharatnatyam classes.
- Each branch averages around 800 sq ft and operates on a partnership model with landlords, who receive a percentage of revenue based on branch performance.
- The landlords help with attendance of the classes.
- The school boasts a strong and experienced team of 10 teachers, who have been with the business for a significant period and are essential for the generation of the given revenue.
- Fees for classes range from 2,000 to 2,500 per month for 8 classes, with an enrollment of around 250 to 300 students currently.
- The business holds necessary certifications to conduct and grade exams, and is in discussions to collaborate with a musical academy in Chennai, with plans to expand its brand across Tamil Nadu and eventually open a fine arts school.
- The promoter has been the winner of the South Indian Women achievers award in recent years for his business venture.
- Bharatnatyam.
- Keyboard.
- Guitar.
- Violin.
- Veena.
- Mruthangam.
- Flute.
- Drums.
- Piano.
There are a total of 25 branches in Chennai, each averaging around 800 square meters.
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Earlier than 15 daysSenior Leader, Bank, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business