Summary
Dane Studio in Sydney's Lower North Shore with established systems, loyal client base, & a respected local presence. A rare opportunity to acquire a well-regarded dance school with room to grow.
Revenue
$109,023 pa
Rent
$24,453 pa
Expenses
$13,000 pa
Net Profit
$71,570 pa
Location Details
Location is opposite a park in a Church Hall with a secure ongoing year to year lease. Only pay per hour and what you use which makes profit easier to come by, opposite a playground for siblings. More info on enquiry.
Potential
There is significant potential to further develop the business profiy by:
Expanding the class timetable or introducing additional dance styles.
Growing school holiday programs and workshops.(constant enquires).
Increasing revenue through uniforms and merchandise.
Adding new classes, programs, or performance opportunities.
Re-engaging past students through the large existing database and targeted marketing.
Opportunity to open another venue/studio.
Can either teach all classes yourself or use great teachers on database.
Skills
Skills required are dance teaching in various styles. Some business skills required however easy to learn as you go and I am happy to stay on as a consultant for guidance and questions. You can outsource accounting and marketing and have an established system and database to assist the business side.
Hours
Monday - 4-8pm
Tuesday 4-7pm
Wednesday 4-7.30pm
Thursday 4-6pm
Saturdays 9-1.30pm
Open to change to suit your need
Lease
Pay by hour of use - $38.50 per hour.
Flexible owners for timetable.
Employees
Currently has 3 employees as I am on maternity leave.
Reason for Sale
After 10 rewarding years, it's time for a new chapter. The studio has given me the flexibility to balance work and family, but with three children, my priorities have changed. I've loved building this community and watching our students grow, and I'm proud of what we've created. It's now the right time to pass the studio to someone who can continue its success and realise its future potential.
About the Business
This dance studio is is a well-established community dance school located in Sydney's Lower North Shore, with a strong reputation built over the past 10 years. More than just a dance studio, Thrive Dance is dedicated to creating a positive and supportive environment where students develop confidence, resilience and a lifelong love of movement.
The studio has been built around the values of fun, discipline, fitness and personal growth, using dance as a way to help children build confidence, set goals and develop skills they carry into all areas of their lives. Families are at the heart of the business, with a welcoming community that encourages every student to feel supported, challenged and inspired.
Thrive Dance places a strong emphasis on ballet and contemporary, providing students with excellent technical foundations while also offering jazz. This focused approach develops versatile dancers and allows students to progress whether they dance recreationally or aspire to pursue dance professionally. Classes are taught by experienced industry professionals who nurture each student according to their individual goals and abilities.
The business has a loyal and returning client base, an extensive database of past and current students, and a respected presence within the Lower North Shore community. It is well positioned for a new owner to continue operating successfully or expand through additional dance styles, increased class offerings, school holiday programs, workshops, uniforms and merchandise.
With established systems, a strong community reputation and significant opportunities for growth, Thrive Dance offers an exceptional opportunity for someone seeking a rewarding lifestyle business or looking to build on an already successful dance school.
History
This studio has been part of the Lower North Shore community for 10 years, building a loyal client base and a strong reputation. Enrolments have historically averaged around 80 students and currently sit at approximately 50 due to the owner's reduced capacity to focus on marketing while raising a young family. Successful holiday workshops have previously generated strong additional income, with further opportunities to grow through expanded programs, classes and merchandise.
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