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UNDER OFFER – Profitable, Established and Independent Dance School for Sale in the Greater Geelong Area

UNDER OFFER – Profitable, Established and Independent Dance School for Sale in the Greater Geelong Area
2024 Revenue up 16% to $545K. Adjusted profit to owner in excess of $228K

Business Sale Price:

$385,000

Business ID: XB156918
Location: VIC Regional
Type: Entertainment/Leisure

$385,000

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UNDER OFFER – Profitable, Established and Independent Dance School for Sale in the Greater Geelong Area

This well-established, highly regarded and purpose-built dance school is an entrenched part of the local community. Multiple studios all under one roof built to Australian Ballet standards, caters mostly to school-age children offering a variety of dance styles.

Situated in one of the state’s fastest growing regions, this profitable business boasts:

  • Income circa $545k
  • Adjusted Net Profit $228k (FY 2024)
  • Year on year growth
  • Owner runs the business remotely 4 hours away and spends
    on average 10 hours per week working on the business and 1 day per month in the business
  • 300 plus students and growing, enrolled in multiple classes
  • Potential to double the student numbers
  • Complete new fit-out including specific sprung dance floor 
  • No competing dance schools with their own facilities within a 20km radius
  • All management systems and software in place 
  • Experienced casual instructors who do all of the teaching 
  • Long lease
  • Ranks number 1 on Google for the area

Other revenue streams include:

  • Mid-Year Showcase
  • Holiday Dance Camps
  • End of Year Concert
  • Uniforms
  • Merchandise
  • Digital Recordings of Performance
  • Some Photography of Performances

The vendor is open to working with the new owner for an agreed period of time to facilitate a seamless transition.

The business is suitable for an individual or business with the vision to continue to grow it to its fullest potential while making a solid contribution to the world of dance education.

Asking Price: $385,000 including assets and transition support 

Details

Subheading : 2024 Revenue up 16% to $545K. Adjusted profit to owner in excess of $228K
Business ID : XB156918
Price : $385,000
Search Locations : VIC Regional
Search Type : Entertainment/Leisure
Price Range : $1 - $500,000
Status : Available
Other Status : Under Offer

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    REIV Awards Winner - Business Broker of the Year

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