Thriving Children's Performing Arts School for Sale in Walsall, West Midlands
Walsall, West Midlands
- Status
FOR SALE
- Advert ID
615669
- Asking Price: £49,000 (Stock at valuation)
- Turnover: £66,076 (£1,271 per week)
- Profit: £27,706 (42% Profit margin)
Key Features
- With Car Park
Business Details
Performing Arts School For Sale in Walsall, West Midlands
Performing Arts School For Sale
A thriving theatre school has come to the market, teaching children from 3 to 16 years old. Founded in 2012 by David and Rachel Hardway, Breakout Performing Arts has been training children and young people for over 11 years.
School Name
Breakout Performing Arts
Location
Blue Coat C of E Academy,
Birmingham Street,
Walsall,
West Midlands
WS1 2ND
Hours
- Just 5 classes on a Saturday morning, spanning 3 hrs and 15 minutes, creates a current turnover of over £65,000 and a net profit of nearly £28,000!
- Flexible administration days required during the week
Financial Profile
2023-24 Turnover = £66,076
2023-24 Net Profit = £27,706
Asking price = £49,000 SAV
The successful buyer would need funds for a solicitor to complete the sale.
Key Selling Points
- Increasing profits
- Opportunities to expand
- Loyal customer base (currently 79 students)
- Well established (10 years old)
- Excellent reputation (check out our reviews online)
- Opportunity to rebrand to your existing school
- Flexible working hours
- Making a real difference to children and young people’s lives in Walsall and the surrounding areas
What is included in the sale?
1. Handover period (support at the school on Saturdays, website training)
2. Website
3. Business email
4. All digital files (spreadsheets, registers, term plans, digital photos)
5. Current business contacts and clients
6. Stock and equipment listed below
Stock & Equipment
1. Display items
2. Certificates (holiday workshops, attendance)
3. All digital designs (of flyers, certificates, logos)
4. Large boombox plus two small ones.
5. Breakout box and everything inside (first aid kit, policy documents, signs, stationery, spots)
6. Notice board
7. Hoodie template bags
Additional Costs
- Costumes and props
- Staff t-shirts and polos, student t-shirts, rucksacks, dance bags, teddies: all purchased at value.
Reason For Selling
Selling the school would allow the owners to focus on expanding their Private Tuition business, and get more involved with their church and children's school
Next Steps
If you're interested in purchasing Breakout Performing Arts, then we'd like to arrange a phone call with you to answer any questions you may have. Please let us know what days and times work for you.
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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.
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