Hobby Class for Sale in Bangalore, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | General Partnership |
Reported Sales | INR 50 lakh |
Run Rate Sales | INR 51 lakh |
EBITDA Margin | Nil |
Industries | Hobby Classes |
Locations | Bangalore |
Local Time | 5:46 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Can be taken over with or without the franchise.
- We have been running successfully for over 2 years with a good number of students and top of the line infrastructure.
- We have over 200 students who are enrolled across various courses.
- We pay a royalty of 20% of monthly revenue to the franchiser.
- There is a competent team of trained an efficient teachers and front desk managers to manage the day to day ops.
- This is partnership venture and is on sale because of the partners having other commitments and not being able to give time to the business.
Customers are individuals of all ages who wish to learn music and instruments.
- Musical instruments - Keyboards, guitars, drum kits, speakers, amplifiers, mixers, headphones, furniture.
- 1,600 sqft with 5 rooms.
- The rental agreement is for 5 years of which 2 years have been used.
- Buyer can continue in the same location.
- Three partners with equal partnership have funded the business.