SOLD – Contemporary Music School – North Canberra, ACT 

$ 200,000
$200,000 Negotiable  

  • Post Updated: 2023-12-07 11:29:13
  • Status:
  • Type:
  • Location: Canberra
  • Business ID: BS153662


Turnover: $650k – No Competitors in Area – Ready for Growth 

With a high demand for lessons – and running with full classes – this contemporary music school is ripe for expansion and growth. 

If the current owner didn’t have a young family, she would be jumping in to expand to more locations in North Canberra and Gungahlin as demand for modern music lessons soars. 

With a tight-knit team ready for more work, there is also a huge opportunity to target daytime primary schools in North Canberra. 

Business Highlights: 

  • After-school private & group music lessons for kids & adults 
  • High demand for lessons with its modern music niche in the market 
  • The business has experienced constant growth through the pandemic 
  • Specializes in contemporary music skills to prepare students for the music industry 
  • 250 private lesson students per week + 150 group music students 
  • All lessons are paid monthly in advance by direct debit payments 
  • Well-known in the local community – excellent brand name 
  • No competitors in the area – charging more than average in Canberra – still room for price increase 
  • Premises: 150 sqm – top floor of a commercial retail building in very convenient Dickson Shops 
  • 7 beautiful small teaching rooms, 2 group teaching rooms, waiting room, staff room/kitchenette 
  • Assets – $100k – musical instruments, equipment, office furniture, fitout and soundproofing all included 
  • An inspiring team of teachers – and a point of difference ethos  

It’s time for the owner to focus on other priorities! So, if you want to grow a business and are passionate about music, make your move today! 

Price: $200,000 Negotiable  

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  • State: Australian Capital Territory
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