Singapore  Singapore

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Listing ID: 16869 Last Refreshed: 28/08/2019 5511 Views

Established Music School And Studio

Asking Price <span class='currency'>S$</span>130,000
Central Area Music Schools Entertainment and Leisure Businesses
Look For Investor Look For Partner
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Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,800

Assets & Working Capital

Stock
S$5,000 Stock and inventory Price Included
FFE
S$100,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Owner Role
Full Time

Property Information

Premise Status
Rent
Premise Type
Commercial Street
Rental Deposit
S$11,600
Premises Details User-entered information
1000 sqf 5 rooms plus 1 retail and reception space, 1 utility room and 1 storeroom.

Operations & Growth

Information provided by the seller

Reason For Sale

We wish to work under a business owner who has a strong financial backing so we can build up this brand together

Description

1000 sqf 5 rooms plus 1 retail and reception space. 

2 fully equipped jamming studios/ classrooms.

3 equipped music classrooms ( Piano,drums,guitar).

Comes with team dedicated music teachers, customer base for jamming and practice studio, student base.


All studios are professionally sound proofed and have gone through professional sound treatment by Angeworx. Equipped with soundproof doors STC of 65 db. Suitable to be used as recording studios.


Short interview by one of our founders. https://www.youtube.com/watch?v=fi2lSsgkEUI

PAssioncard National Day video, Audio recorded at What's Your Jam. Sound Production by What's Your Jam: https://www.facebook.com/PAssionCard/posts/2589470957744324?comment_id=2604396149585138&comment_tracking=%7B%22tn%22%3A%22R%22%7D

Facilities

1000 sqf 5 rooms plus 1 retail and reception space.

2 fully equipped jamming studios/ classrooms.

3 equipped music classrooms ( Piano,drums,guitar).

Comes with team dedicated music teachers, customer base for jamming and practice studio, student base.


All studios are professionally sound proofed and have gone through professional sound treatment by Angeworx. Equipped with soundproof doors STC of 65 db. Suitable to be used as recording studios.


Short interview by one of our founders. https://www.youtube.com/watch?v=fi2lSsgkEUI

PAssioncard National Day video, Audio recorded at What's Your Jam. Sound Production by What's Your Jam: https://www.facebook.com/PAssionCard/posts/2589470957744324?comment_id=2604396149585138&comment_tracking=%7B%22tn%22%3A%22R%22%7D

Competition

We are currently the only business, to our knowledge, providing multiple music, entertainment and education services such as Music School, Jamming Studio, Recording Studio, Practice Studio, Equipment Rental.

Expansion Potential

We have built a strong branding which promotes a music loving lifetyle, with some social media presence. This brand has potential to expand as a franchise business or expand into more outlets at various locations.

Buyer Support & Terms

Information provided by the seller

Support and Training

Existing team will/can continue running the business

Seller Financing

Yes, seller financing is available.
50% downpayment, 12 months instalment with interest.
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