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Listing ID: 1706550

Established Colorado Performing Arts Studio For Sale

El Paso, Colorado, United States

$ under 100k

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 100k to 250k

Cash Flow: $ 100k to 250k

Business Description

Established Children’s Dance and Music Studio for Sale. Located in the Fountain Valley area of Colorado with stunning mountain views, this well-established service business provides dance, music and karate instruction to students of all ages. In addition to traditional ballet, lyrical, jazz, tap, and hip hop, customers can receive private piano, voice, guitar, drums and group karate lessons.

Asset Sale to include all business related assets, client lists, curriculum and name of business.

Key Highlights
• Only dance studio in Fountain Valley Area
• Highly experienced office staff and teachers
• Unique market niche
• Strong profitability
• Clients under contract
• Strong community reputation
• High population growth area
• Current owner available for consultation after sale and will help with transition

The building includes special dance studio floors, sound systems, and ballet equipment to include props. A central lobby has a small boutique for selling dancewear as well as providing ample seating. The lobby separates the two dance studios to insure that no sound bleeds over between them. The building includes 2 private music lesson rooms, 1 office, 2 dance studios and 2 restrooms. Building is leased space and new owner would establish new lease with building owner.

The business has a strong reputation and longstanding relationships in the community. Revenues and student enrollment increase yearly with continued community and social media presence. Management believes significant additional opportunities for growth exist, including potential opportunities due to the positive resident growth in the area along with untapped markets/services such as offsite partnerships with preschools, partnering with the Fountain Recreation Department, birthday parties and space rental.

The space is under-utilized, offering opportunities for growth by the new owner, who can offer more morning and weekend classes. There is also an additional 1500 square foot within the building that could be leased for expansion. We believe this would make an ideal acquisition candidate for an entrepreneur with a passion for the arts or a similar type company looking to expand into the area.

Property Details

Size:

3200 sq feet

Years Established:

2004

Property Type:

Lease

Other Details

Business Location:

Easy access to interstate, major shopping and military posts

Competition:

No direct competition within 10 miles

Expansion Potential:

The space is under-utilized, offering opportunities for growth by the new owner, who can offer more morning and weekend classes. There is also an additional 1500 square foot within the building that could be leased for expansion. We believe this would make an ideal acquisition candidate for an entrepreneur with a passion for the arts or a similar type company looking to expand into the area.

Operation Details

Employees:

9

Trading Hours:

M-Th 4-8pm Sat. 9-12noon

Support & Training:

Current owner available for consultation. Office Manager available to train new owner.

Miscellaneous

Reason For Selling:

Owner moved out of states.

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