About the Business

BUSINESS ID:XB166750

LOYAL AND GROWING NUMBER OF STUDENTS

This Adult Ballet School was established in 2002 and is a highly respected brand comprising two beautifully appointed studios strategically located on either side of Melbourne. With more than 400 students attending over 660 class places each week, this ballet school is renowned for excellence and is the leading authority in adult ballet in Australia.

BUSINESS HIGHLIGHTS:

- Longest established recreational adult ballet school in Australia.

- Highly skilled and dedicated team of core teachers, five of which have been with the school for over five years and up to 21 years

- Strong student growth underpinned by a wide interest in improved health and wellbeing

- School has a senior teacher and studio manager with over 15 years’ experience enabling the business to operate independently of the owner

- The school has a loyal customer base with over 35% of current students having attended the school for over 5 years and many for over 10 years

- Operates a term enrolment and fee payment system ensuring positive cash flow.

- More than 45% of students were born overseas

- The school has a carefully curated structure of 14 class levels from beginner to advanced levels

- Delivers various specialty programs, including pointe training, repertoire, short workshops, contemporary, ASSIST (Actively Strengthen and Stabilise In Studio Technique).

- Expansion opportunities have been identified in other suburbs of Melbourne and in Sydney and New Zealand

- The two studios have utilisation capacity to accommodate other dance styles and fitness classes.

- Intellectual property can be leveraged for online education options including ballet and body conditioning and additional bi-lingual classes.

- Largest presence of any adult ballet school on the Chinese social media platform “Little Red Book”

PRICE: EXPRESSION OF INTEREST