Children's Music Teaching Buisness In Bergen County For Sale

Business description

This successful Music instruction company is an
internationally recognized early childhood music program for
children birth to seven years, and the adults who love them.
First offered to the public in 1987, it pioneered the concept of
a research-based, developmentally appropriate early
childhood music curriculum that strongly emphasizes and
facilitates adult involvement. This company has been making
music with families since 1993! They believe in the power of
music, and that every child has the right to sing in tune and
move with accurate rhythm. The company leases out multiple
locations throughout Northern NJ, at a modest cost and
supplies music classes as a group or individual instructions
to children representing a consistent net income to the owner.
The company s FF&E consists of a complete curriculum
specifically directed for music play and instructions which
includes software and accounting systems, Days/ Hours Due
to the nature of this business, particularly instructions, the
business is active seven days weekly with scheduled
appointments for each student. The purchase is subject to
approval from the parent company and no transfer fee will be
required at time of closing. The business facilities have short
term corporate leases gross yearly rent of $28,410. The staff
consists of independent music teachers who are paid hourly.
This business has a licensing agreement with the parent
company and pays a fee for each student.

Property information

Real Estate:

Lease

Location:

The company has multiple locations throughout Northern New Jersey, Bergen County, strategically located in active communities in order to obtain a large customer base and convenience the parents.

Premises details:

Due to the nature of the business, limited size facilities are required which represent a modest cost to the franchisee. The facility are sometimes shared with similar businesses that offer children services.

Business Operation

Expansion potential:

With an improved direct marketing plan the franchise can further increase its income representing a higher net income to the owner.

Competition / Market:

Due to the specialty of this industry and the substantial reputation of this company no other similar competitors exist in the area and the seller will supply a non compete agreement to the new operator.

Reasons for selling:

Retiring after many successful years in this industry.

Employees:

5

Years established:

1990

Other information

Support & training:

The seller will supply a long term transitional period and remain post closing for 60 days.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner financing is available to qualified buyers.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$1,200 (included in the asking price)

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