Location:
ACT > Australian Capital Territory
Investment level:
$1,250,000 - $1,350,000 + SAV
Type:
Business
Industry:
Personal Services > Education, Coaching & Training
An exceptional opportunity for the first time in 30 years is now available to acquire three well-established and highly regarded privately owned music schools in Canberra.
Canberra ACT
Belconnen: 100 metres to Westfield Belconnen and Major Bus Hub
Weston: Next to Cooleman Court Shopping Cente and Major Bus Hub
Fyshwick: Next to Canberra Outlet Centre and Bus Hub
There are numerous avenues available to a new owner to increase revenue and student numbers, including:
• Group music classes
• Holiday programs
• Increased social media and digital marketing
• Early childhood music programs
• Music therapy services
• School band programs
• Studio hire
• Remote and online learning
• Expansion of existing school partnerships
• Further development of NDIS music education services
Retirement
An exceptional opportunity for the first time in 30 years is now available to acquire three well-established and highly regarded privately owned music schools in Canberra. Each school is positioned within a strong, education-focused catchment and supported by a loyal and growing customer base. With more than 950 one-on-one students attending each week, the business has over a 30-year period, established a substantial and reliable recurring revenue base.
With 36 purpose-built, acoustically insulated studios including 2 Yamaha Grand Pianos and 14 Yamaha Uprights, in-school programs, instrument hire (125 rentable instruments) and sheet music sales - the business delivers a comprehensive range of contemporary and classical music programs for students of all ages and skill levels. Tuition is offered across a diverse selection of instruments including piano, guitar, violin, cello, flute, clarinet, saxophone, trumpet, trombone, (lower brass) bass, drum and vocal, providing multiple revenue streams and broad appeal across the local market.
Strategically located in close proximity to busy shopping precincts in Weston, Belconnen & Fyshwick, the businesses benefit from excellent visibility, convenient public transport access, ample parking and close proximity to schools. These highly accessible locations contribute to strong enquiry levels, consistent enrolments and ongoing opportunities for further growth.
The operation is supported by experienced administrators and a team of over 75 music teachers, providing continuity, operational stability and a streamlined day-to-day management structure. This makes the business particularly attractive to either a hands-on owner-operator looking to build on an established platform or an investor seeking a well-structured business with experienced staff in place.
Importantly, the business has demonstrated solid revenue growth and consistent profitability over the 30 years, highlighting the resilience and strength of its underlying business model.
With successful systems and processes already in place, the business continues to operate smoothly and professionally with minimal day-to-day effort. Teachers operate as independent sole-trader contractors while the business provides the established infrastructure, administrative systems and customer base. This makes the business particularly well suited to:
• An individual with an interest in music and education
• A couple looking for a flexible, established business
• An operator seeking a turn-key business ready to run from day one
Established in 1997 by the current owner/operator with the school in Belconnen. Expanding to Phillip in 2001 (relocated to Weston in 2011) followed by Jerrabomberra in 2013 (relocated to Fyshwick in 2016)
To find out more about this business please contact 0450 960394
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