Sydney Dancing School For Sale

Business description

This dance school has achieved recognition and success both locally and on the national stage in their exams and at competitions. It has won numerous awards.
The teaching faculty bring years of professional experience and knowledge from across the globe. They are able to provide cutting edge tuition and unique opportunities by not only highly qualified teachers but ones that have actually worked professionally to achieve the highest possible levels in their own performing careers.
Students and the teachers have been engaged in professional work in Australia and around the globe.
The school has earned an enviable reputation in their standards of excellence and the unique supportive family environment. Through their common ond of dancing an atmosphere of friendship and caring has developed and is shared by the students, their families and the faculty.
A lifestyle business, operating typically between 3.30pm to 9pm through the working week and Saturday mornings. The owner has approx 7 weeks annual leave. Same owner for 22 years, now wishes to semi retire but continue teaching ballet.
Excellent team of professional staff with an opportunity for a new owner to take on additional hours of teaching and expand the business further. All premises used have been set up specifically with students needs in mind.
An excellent growth opportunity exists for a new buyer who is keen on marketing and promotion. There is no website at present. It is believed that a website could drive additional reven
The school operates from 4 different venues all situated in the Upper North Shore suburb. Leases are renewed annually.

Property information

Location:

The school is operated from 3 different venues all in the Upper North Shore of Sydney.

Premises details:

3 venues are contracted on an annual basis to cater for the classes on offer. One of the venues is used most often due to the cheaper rent. There are another 2 also used, as per the following table:

Venue 1 243.25 hurs per annum
Venue 2 20
Venue 3

Other information

Expansion potential:

Additional venues and hours are the only obstacle to exapnsion opportunities.

Competition / Market:

There are various dance wchools in the suburb as well as the surrounding suburbs which compete. However this school has an excellent reputation and a 22 years history.

Support & training:

Owner will remain on for a reasonable hand over period.

Reasons for selling:

After 22 years the owner wishes to semi retire and perhaps assist with some teaching in the future.

Trading hours:

4 days per week mainly in the afternoons.

Furniture / Fixtures value:

$20,000 (included in the asking price)