Summary
Established 2015 Profitable business and an enjoyably fun industry Growth potential Longevity Easy business to operate Owner operator Northern suburbs location
Revenue
$140,000 pa
Rent
$45,000 pa
Expenses
$35,000 pa
Net Profit
$60,000 pa
Location Details
71 Winton Rd , Joondalup
Commercial zone
Open 7 days
Free parking
Easy access from Mitchell freeway
Freehold opportunity also available - purchase business plus property
Potential
Opportunity to grow this business to include music school, band programs and podcasting.
There are many public and private schools in the area that may utilise the studio for regular use for their music programs.
Skills
Full tarining provided to new owner.
Very easy to run.
Knowledge of sound / mixing is helpful but not a must to successfully run this business. Customer service skills are also beneficial.
Helpful if new owner has a passion for music
Hours
Open 7 days
8am to late
Mon - Friday bookings from 5pm - 12
Weekends from 8am to late
Studio is booking by demand
Lease
Lease term is negotiable
Preferrably 5 x 5 x 5
Potential to purchase property as freehold
Employees
owner operator with some casual staff if required
Easy to run
Reason for Sale
Current owner has built the business up over the past 10 years and has a desire to spend more time with family & travel.
About the Business
The business has a very good reputation built over 10 years
The studio has 6 unique music studios fitted with high end equipment and amazing sound treatment. The best money can buy.
The studio facilitates band rehearsals and recordings plus podcasting and music videos.
Musicians of all different genres and ages use the facility.
There is no competition within 20kms of this location. Music studios are built for longevity - Each room is sound proofed and sound treated and there is no need for updating internally for many years.
Built well from the start.
Easy to run with low overheads.
A great opportunity to run a successful small business in the music industry
History
The current owner wanted to be involved in the music industry and noticed a need for this business in the northern suburbs.
Established in October 2015 and has grown from strength to strength to become a very profitable small business with potential to grow and expand locations for the right owner.
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