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Education & Training business for sale in Newcastle

  • Education & Training
  • Newcastle NSW 2300
  • $249,000 + SAV

Longstanding, Lucrative Private Music Education Business

Currently on offer is a longstanding music education provider operating since 1995 with a stellar reputation as one of the leading institutions for music tuition in Newcastle and the Hunter. It offers tailored and comprehensive programs ranging from guitar, piano, drums and vocal, among others. It has also started offering online lessons, demonstrating its resilience and adaptability, resulting in its financial success amid the COVID-19 pandemic.

Currently, the business has over 400 students across Newcastle, Maitland and Lake Macquarie in its database and experiences a high rate of repeat clients. The business attracts its clients mainly via word-of-mouth and social media marketing, with Google serving as its most effective client acquisition funnel. As a result, the business is taking approximately $750,000 in annual revenue.

The business is supported by a team of seasoned instructors, as well as administrative and managerial staff capable of working autonomously. As such, the current owners are afforded the coveted lifestyle flexibility.

The business's main campus is strategically located in an accessible and predominantly commercial area. In addition, it also has a satellite campus in Maitland and another in Glendale, which operates in partnership with a prominent college.

The premises of the main campus are beautifully appointed and are fitted with a hard-to-miss façade. It is subdivided into two buildings, with the first having a foyer, reception, kitchenette and six music rooms. The second building has ten music rooms, a stage and a foyer. Across all campuses, the business has over $70,000 worth of plant and equipment, which will be included in the sale.

The business presents immense potential for further growth by exploring collaboration opportunities with educational and musical institutions in new regions, capitalising on digital education and creating programs for various demographics. The business is also yet to explore partnerships with the NDIS (National Disability Insurance Scheme) by offering services such as music therapy, which could boost revenue significantly.

This listing is being advertised by Direct Business Hub with all email enquiries being forwarded to the business seller who

will then contact you!

*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

Business Highlights

Business ID2019059821
Floor AreaAsk Business Broker
Category
Last updated  16 Feb 2024
Map for Newcastle NSW 2300
Map for Newcastle NSW 2300Newcastle NSW 2300

Business Highlights

Business ID2019059821
Floor AreaAsk Business Broker
Category
Last updated  16 Feb 2024
Direct Business Pty Ltd
426 Hunter St Newcastle NSW 2300

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