Profile
Description:
Highly respected and renowned dance academy school that has been established for 20 years with a history of outstanding achievements for their students.
- Long established business name and goodwill that has been built up over 20 years. The school currently has 167 students enrolled and growing. With the substantial variety of classes and grades there is also a large diversity of students with varying degrees of enthusiasm, level and commitment.
- This Dance Academy has achieved recognition and success both locally and on the national stage in their exams and at competitions. It has won numerous awards- see later.
- The teaching faculty bring years of professional experience and knowledge from across the globe. They are able to provide cutting edge tuition and unique opportunities by not only highly qualified teachers but ones that have actually worked professionally to achieve the highest possible levels in their own performing careers.
- Students and the teachers have been engaged in professional work in Australia and around the globe.
- The school has earned an enviable reputation in their standards of excellence and the unique supportive family environment. Through their common bond of dancing an atmosphere of friendship and caring has developed and is shared by the students, their families and the faculty.
- Lifestyle business, operating typically between 3.30 pm to 9 pm through the working week and Saturday mornings. The owner takes approx 10 weeks annual leave. Business closes at the end of the year as well as during school holidays. There are optional exam classes run in some school holidays which provide additional fees.
- Same owner for 20 years, now wishes to retire professionally and possibly work in a different area of the industry.
- Locations on North Shore with multiple studio spaces. All premises have been set up specifically with students needs in mind.
- Excellent team of professional staff with an opportunity for a new owner to take on additional hours of teaching and expand the business further. All teachers at the dance school are highly accomplished to guarantee the finest training is delivered at all times.
- The school and its students are involved in many external showcases and competitions where above average success is often achieved.
- The business generates its clientele mostly from referrals and feedback. An excellent growth opportunity exists for a new buyer who is keen on marketing and promotion. There is an upgraded and excellent website which enable students to enrol online.
Financials
For Sale Price: $150,000
Long financials: 2 Years
Turnover: $343,000
Net Profit: $120,000
Period: Annually
Rent: $72,000
Lease: New Lease available - flexible terms
Staff: 10
Stock: $5,000
Broker
Broker:
- Roy Levy 0416 124 860
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Confidentiality Agreement
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Status: For Sale
Code: RN 642
Category: Non Food
For Sale Price: $150,000
Location: North Shore
Turnover: $343,000
Period: Annually
Net Profit: $120,000
Rent: $72,000
Stock: $5,000
Long financials: 2 Years
Staff: 10