68/029 Vibrant Music Academy - Tuition and Events

Sydney, NSW

For Sale $199,000 WIWO

Into our 7th year of business, All Arts Academy has built up a reputation of being the finest place of creative education in the Inner West. Specialising in music lessons, the school has grown to 200 regular students and as become the leading private business for music lessons in its area.

With fresh modern decor, CCTV throughout the premises, purpose build studios with soundproofing, the academy needs no further work. Annual face lifts and improvements have occurred to maintain its high interior standards.

In the family-friendly waiting area, students and parents lounge on couches, reading magazines, keeping busy with colouring sheets, whilst watching the latest movies on our big screen TV.

Services offered:
1. Music Lessons: Private one to one tuition based
2. Birthday Parties: Hosting unique birthday parties that have been carefully crafted by our team of teachers. These include a range of Arts and Crafts, Music recording and Games birthday parties
3. Hire a Musician: Arranging gigs for weddings, corporate events, birthdays, private functions, Christmas parties
4. Language lessons: English and Chinese language tuition
5. Room and instrument hire: Rooms and instruments are hired out to external customers
6. Others: Music Examination bookings and small retail book store
Staff Mix
10–15 casual teaching staff: Music teachers are mostly qualified with some university students
1 receptionist/office administrator (24hrs per week)
Owner 1: Manager
Owner 2: Head of Music
1 casual cleaner
*Prime location in affluent suburb (Free council carpark behind building), 10 min walking distance to 3 local schools,
*Brand new modern website, SEO optimised
*Google 1st page rankings for a range of keywords in local area
*Perfect location setup with all equipment and resources
*Tastefully designed interiors: It’s warm and vibrant atmosphere makes it an inviting space for parents and children. Fresh, modern creative decor, 7 teaching studios, 2 waiting areas (one is a larger space used for large workshops).
*Reduced administration work: Online timetable and roster admin system – All staff, students/parents have an account to login. Automated email reminders and invoices, direct debits.
*Branding Guidelines: An established set of brand guidelines available (i.e. styling, font, templates)
*CCTV throughout premises
*Established HR process and templates, manuals, forms and guides
*Instruments included: 4 drum kits, 1 grand piano, 2 upright pianos, 2 digital pianos, 2 keyboards, 8 music stands, 30+ chairs, 4 guitars and more
*Great lifestyle business: Currently run by 2 owner operators each working approximately 20 hours/wk at 40 wks/yr.
*Seamless administration and HR processes in place for the smooth running of the business

Potential
Music Lessons: The business currently trades Monday-Thursday 3-8pm and Saturdays 8-4:30.
There is further scope to maximise during the times the business is closed (mornings, evenings and Fridays). With 7 studios, the business certainly has the capacity to hold more lessons during its current trading hours.

Birthday Parties: Currently hosting 3-4 parties per month, this is becoming the fastest growing area of this business. Though music lessons are the bread and butter of the business, birthday parties provide a fast cash injection to the business. It has proven to be quite lucrative, and the business has the capacity to host up 6 parties/weekend.

Hire a Musician: The demand for gigs at weddings, significant birthdays, proposals, private functions, and Christmas events will always appear. With an entire team of teachers (who are professional performing musicians) at your fingertips, this is another lucrative side of the business where money can be made by doing minimal work (couple of emails), without having to provide the venue or do the performing yourself. A clever marketing approach can put this business as the go-to place for hiring musicians.

Commercial Features