Location: Queens, New York
Industry: Education and Children
Listing ID: 00026
This music school has great potential for growth! During the weekdays (Monday-Friday), the school operates for an hour a day, while on the weekends (Saturday-Sunday), the business is open for a full nine hour day. The school is located in a busy, central location in Queens, and operates a van that picks up children from three neighboring schools, which are all in a 15 minute vicinity. Currently, the business is registered as a music school but a motivated buyer can obtain an after school license which would exponentially expand the potential of the school.
Gross Revenue: $230,000
Cash Flow: $70,000
Training & Support:
Will provide as necessary.
Year Established: 2009
Employees: 3 Full Time, 10 Part Time
Lease Option: 5 years + 5 year option
Monthly Rent: $ 4,500
Square Footage: 2000
The music school has two floors that are each 1,000 sq. ft. On the street level floor, there is a receptionist counter, piano, and seats for guests. The first floor also has 9 acoustic cubicles for individual lessons. The second floor contains 3 classrooms; 1st and 3rd room can hold up to 12 students and the 2nd room can hold up to 8 students. The school owns a van.