"This type of sought-after business doesn't come to market often!" Great opportunity within the music industry! Fully systemised & run under management, the brand is famous in the music industry.
Revenue: $556,411 pa
Rent: $169,792 pa
Net Profit: $273,409 pa
Location Details
The business is conveniently located in a modern industrial complex in Alexandria. Close to the CBD, Airport and Eastern Distributor.
Potential
- Increase social media marketing
- Promote and target marketing to Music Retail Outlets, Music Venues, Music Educational Institutions etc.
- Implement a licensed bar
- Introduce sound recording services
- Booking agency service
- Artist management
- Create an independent Record label
- Start an Audio School
- Retail Merchandise
- Equipment supplier
- Offer A.V. Sales & Installation services
Skills
This business is run under management. Would suit an investor wanting to run a business under management, music industry enthusiast or a buyer looking to expand, diversify or add to a broader group.
Hours: 7 Days a week. 9:30am - 12:00am
Lease: 5-year lease until August 2027
Employees: 8 Casual Staff Members
Reason for Sale: Retiring after 41 years in the business.
About the Business
The business is conveniently located in a modern industrial complex in Alexandria and provides Studio Sound Rehearsals. Other services include;
- Multiple rehearsal studios
- Public Address: installation, hire, sales, and service
- Equipment storage
- Equipment sales and service
- Musical accessories sales
- Audio Engineers and Operators
- Audio courses
- Café and catering
History:
Established in 1982 and has been in its current location since 1987. The business has an incredible reputation within the music industry.
Property Code: 136
