Hobby Class for Sale in Bangalore, India
For sale: Fully set up and running music academy with instruments and 200+ students.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 58 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | Nil |
| Industries | Hobby Classes |
| Locations | Bangalore |
| Local Time | 3:02 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
29 thousand
(Native Currency: INR 2,500,000)
Reason: Current business owners want to explore other business options.
Includes physical assets worth
USD
23.3 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Existing franchise of a reputed music academy.
- 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.
- 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.
Products & Services Overview
Top selling services are keyboard classes, drums classes, vocals, and guitar classes.Customers are individuals of all ages who wish to learn music and instruments.
Assets Overview
Tangible assets include:- Musical instruments - Keyboards, guitars, drum kits, speakers, amplifiers, mixers, headphones, furniture.
Facilities Overview
- Rented one floor in a building in Whitefield.- 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.
Capitalization Overview
- Business is self funded without any loans.- Three partners with equal partnership have funded the business.
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