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Newly Established Dance Studio for Sale in Batumi, Georgia

Batumi-based music studio and event venue providing recording, dance, and event space rental services.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 27.7 thousand
EBITDA Margin 20 - 30 %
Industries Music Production + 1 more
Locations  Batumi
Local Time 9:29 AM America / Chicago
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 24 thousand (Native Currency: USD 24,000)
Reason: Owner plans upcoming travels and therefore wishes to sell the business.
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- New music studio and event space based in Batumi, Georgia, right by Metro City, established this year.
- We offer a range of services, including a music studio, dance studio, office space, and versatile event space.
- Our studio is fully equipped with musical instruments, comfortable furniture, quality speaker systems, and other essential equipment.
- We cater to a diverse customer base, including musicians, dancers, businesses, and event planners.
- Currently, there is one employee, making it a lean and manageable operation.
- Our monthly sales is 6,000 GEL (approximately USD 2,308).
Products & Services Overview
The business offers music recording studio services, dance studio rentals, office space rentals, and event space for performances and gatherings. Catering to musicians for recording and music-related activities, dancers for rehearsals and practice, businesses for office space, and event organizers for performances and gatherings.
Assets Overview
Approx. USD 12,000 worth of physical assets, including musical instruments, PA speakers, mixers, studio equipment, furniture and fixtures, event equipment, and security system.
Intangible assets include a booking website, all offered to the buyer as part of the transaction.
Facilities Overview
Music and dance studio, office, and event space in Batumi near Metro City, equipped with furniture, musical instruments, and speaker systems.
Capitalization Overview
Business is fully equity-funded with no outstanding loans. Owned and operated by a single owner holding 100% ownership.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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4 Buyers viewed this Business this week. 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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