Buy Unique Surrey-Based Drama School Business with 135+ Active Students
Undisclosed, Surrey
- Status
FOR SALE
- Date Submitted:
21/09/23
- Advert ID
599984
- Reference
B07540 / Rightbiz
- Call Agent:
- Asking Price: £64,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Unique drama school business opportunity for sale
BusinessPlease quote reference B07540
CoGoGo are delighted to welcome to the market Drama Academy, a highly rated drama school business opportunity that teaches LAMDA exams and qualifications for children ages between 6 – 11.
The business was first established by our client in 2014, building up an excellent reputation and regular customer base.
Drama Academy has now come to the open market due to our clients desire to move on.
Drama Academy run after/before school LAMDA classes and currently operate at Rowan Preparatory School in Claygate with 120 students (12 classes per week) and 15 students at Banstead Preparatory School (2 classes per week). Classes run in groups of 8 – 14, depending on the age group.
The business has been running for many years, and have a wealth of experience, knowledge and the most fantastic teachers, all of whom are of course highly qualified to teach drama and are enhanced DBS/CRB checked by Drama Academy Ltd.
Their success in LAMDA exams has been unparalleled, with a record of over 80% of students achieving a ‘Distinction’ or ‘Merit’ in every exam taken since they started. Exams taken are Verse and Prose, Dialogue Acting and Group Acting exams.
The business has franchise foundations ready in place and has access to scripts and sketches material.
Key selling points -
- Outstanding reputation
- Well established
- Hand over period offered.
- Scope for expansion
- Turnkey business opportunity
- Increase advertising
- Franchise option - licence in place
- Add more locations
Location
Drama Academy is located in the South of England.
Premises
N/A
Tenure
We are advised that this is being sold on a Business Only basis.
Hours
The business operates in line with classes booked. Classes can run before or after school hours.
Staff
We are advised that the business is run and managed by our client (admin role) with the help of 5 subcontract teachers.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £46,000. Further financials can be made available upon request.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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