Studio hire business for sale in West Yorkshire with a loyal client base and growth potential
Huddersfield, West Yorkshire
- Status
FOR SALE
- Advert ID
640147
- Reference
B09148 / Rightbiz
- Call Agent:
- Leasehold: £19,995
- Turnover: £27,585 (£530 per week)
- Profit: £7,874
Business Details
Step Into Success: Established Studio Business with Loyal Clients
BusinessPlease quote reference B09148
CoGoGo presents an exceptional opportunity to acquire a well-established and respected studio hire business located in Huddersfield. Operating for over 3 years, this business has built a loyal and far-reaching client base, including renowned dance and workshop instructors from across Yorkshire, Lancashire, and beyond.
The sale includes an extensive inventory of both tangible and intangible assets, making it an ideal turnkey investment for a new owner seeking a thriving and respected operation in the performing arts and events sector.
With no employed staff and a streamlined space hire model, the business is simple to manage. Clients are primarily external teachers and organisations, including internationally respected instructors who use the Studios to run regular classes and workshops. The business benefits from repeat bookings and established relationships, with contact details and group information included in the sale.
Assets Include:
- IT equipment for business operations
- Reception and waiting area furniture
- Four studio speakers (include one spare)
- Complete contact database of current clients, groups, and companies
- Fully operational and profitable studio hire business
- High-value asset package included in sale
- Established client base with international connections
- Excellent reputation and strong social media presence
- Flexible, low-maintenance business model with no employed staff
Location
Move@HD1 Studios of 5 St John's Rd, Huddersfield HD1 5AY.
Premises
The premises cover approximately 292.93 square metres spread over two floors. Facilities include:
- Three fully-equipped dance studios
- Reception and waiting area
- Toilets and storage rooms
Tenure
Leasehold. The standard lease is 10 years, with approximately 7 months remaining. The incoming tenant will be responsible for a one-off Land Registry payment as part of the lease transfer. Annual rent is £9,660.
Hours
The business currently operates on a flexible studio hire model, allowing teachers to book times that suit their class schedules.
Staff
There are no staff employed, as the business model centres on space rental only.
Financial Profile
We are advised on the following:
OTM: £24,995
Turnover: £27,585
Net Profit: £7,874
Assets: £14,000
Rent: £9,660 per annum
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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.
Be safe, use a Rightbiz Solicitor
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