BBF – 8940-589952 — 5+ year established full service music instruction academy in Tampa for sale. Over 90 students and is located in a great school district and surrounded by affluent neighborhoods. 4 instruction rooms plus 1 concert/recital venue that holds 100 seats for live music. They specialize in instruction for drums, band formation, voice, guitar, bass, piano, violin, banjo, etc. Excellent reputation, great reviews and amazing look inside.. must see!
Annual Sales: $137,506
Owner Benefit: $25,687
Asking Price: $75,000
Cash Down: $50,000
How To Grow the Business
As you consider this particular music school for sale, here is a round up of interesting articles that point to areas of growth and opportunity.
There are only 3 ways to make more money from your music school –
- Get more students
- Raise rates
- Increase the purchase from each student/family
More in this Grow Your Music Studio article including a concept of group teaching and how it can radically increase your ability to fit in multiple students at optimal times for the students.
A Case study on the Group Teaching strategy – Case Study
5 Traditional Methods to Grow Your Music School – including social media, Youtube-ing and podcasting, contests, Open Houses and more.
Music Academy for Success – downloadable free report.
12 Tips to Grow the Demand for music lessons at your studio – including email templates asking for reviews and how to boost your Google My Business listing.
