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Hobby Class Investment Opportunity in Costa Mesa, United States

Vocal teaching service with big idea, detailed plan, and personnel to transform health and wellness.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 500 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin Operating at loss
Industries Hobby Classes
Locations  Costa Mesa
Local Time 3:07 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1 million for 25.0% stake (Native Currency: USD 1,000,000)
Reason: - We have identified a billion-dollar space in the music, health & wellness market that no one else ... View More
Includes physical assets worth USD 125 thousand
Interested to connect with advisors
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Business Name
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Documents
Executive Summary
EIN Certificate
Business Overview
- One of the largest vocal schools in Southern California.
- Business has 3 branches across Costa Mesa, Orange, Irvine with a recording studio and eight teaching rooms.
- We conduct in-class and online teaching, workshops with instructional videos, performance opportunities, personal training.
- On average we train 200- 250 students for vocal and music instruments. The number varies from time to time.
- Have highly trained and certified staff, experienced CEO and the marketing lead has worked at Amazon, MAC and Burlington.
- Have brand trademarks and patentable business process.
- New IP is in active development for future expansion.
- Business was previously profitable (pre-pandemic) and now due to the Covid-19 situation, the company is at a loss, however, it is temporary,
- Details about our future plans and expansions are given in the summary document below.
Products & Services Overview
Vocal lessons: asynchronous, virtual, and in person.
Piano, Guitar and Ukulele lessons: asynchronous, virtual, and in person.
Private and public music education.
Professionally produced instructional videos.
Other secondary revenue generators.
Assets Overview
Four grand pianos, five digital and hybrid pianos, variety of high-end professional microphones and speakers, more than a dozen late-model computers and iPads, professional audio/visual equipment (Canon C300 II cameras, accessories, field mixers, full-frame cameras).
Facilities Overview
Three locations with a recording studio, eight teaching rooms and favourable leases: Costa Mesa, Orange, Irvine.
Capitalization Overview
Not Disclosed
Recent Activity
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7 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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