Summary
Established 7-year music school in central Sydney shopping centre. Over 100 weekly students, stable staff, 3-year lease with 25% rent discount till 2028. Includes website and $50k prepaid fees.
Revenue
$326,000 pa
Rent
$66,000 pa
Expenses
$150,000 pa
Net Profit
$110,000 pa
Location Details
Prime Main Street location, inside a popular shopping centre.
Free parking available for students and parents.
Surrounded by a large residential community, offering a steady flow of potential students.
Potential
Five fully equipped teaching rooms, ready for immediate operation.
No direct competition from other music schools nearby.
Recognised as an AMEB exam venue.
Approved NSW Creative Kids Provider, providing financial benefits for families.
Surrounded by schools and a newly approved residential development with over 2,500 homes scheduled for completion between 2026–2027, expected to significantly increase the local student population.
Opportunities to expand: add new group classes, introduce other instruments, or run holiday programs.
Skills
Basic coordination: Simple scheduling for teachers and student lessons — easy to manage with clear systems already in place.
Customer communication: Friendly interaction with parents for bookings and class updates — no sales experience required.
Light administration: Basic record keeping, invoicing, and checking prepaid credits — quick to learn with existing templates.
Team support: Keep good relationships with the teachers — they are experienced and self-sufficient.
Hours
Weekdays 3:30–6pm,
Sat 10–6,
Teachers manage classes; owner checks only at peak times – excellent work–life balance.
Lease
A secure lease of nearly 3 years remains, with 25% off all fees. Negotiated during COVID-19 – an attractive saving.
Employees
A team of 9 experienced teachers, most engaged as sole traders (outsourced model), keeping fixed overheads low.
Teachers are long-term and loyal, with 2–6 years of service, and many are willing to transition into employee roles if preferred.
Reason for Sale
This business was primarily managed by my wife. Due to her pregnancy, we are seeking a new owner so she can focus on family. We also run other businesses and cannot dedicate the necessary attention to this one.
Willing to sign a Non-Compete Agreement, confirming we will not operate a competing music school within the area for up to 3 years.
We will also provide handover support during the transition period, assisting the buyer to ensure the business continues to run smoothly from day one.
About the Business
This music school specialises in group and one-on-one piano lessons, serving families from the surrounding community. With a strong reputation built over seven years, the school has a loyal base of students attending 1–2 lessons per week, providing steady income and strong cash flow.
Learning piano is a long-term journey, with many students continuing for several years, ensuring reliable and recurring revenue.
In addition to lessons, the business also operates a website that sells pianos and music books, offering an extra income stream and growth potential. With a stable team and growing local population, there is ample opportunity to expand enrolments and increase overall revenue.
History
Founded 7 years ago, this music school began with just a handful of students and quickly grew through word-of-mouth. By offering both group and private piano lessons, it built a strong reputation in the community for quality teaching and enjoyable learning. With a loyal team of long-term teachers, the school now serves over 100 students each week, is recognised as an AMEB exam venue, and is an approved NSW Creative Kids Provider.
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