FOR SALE
656460
BIZ0304 / Rightbiz
An excellent opportunity to acquire an established children's dance academy operating from its own dedicated and fully equipped studio in an attractive Sutton Coldfield location.
Established approximately four years ago, the academy has built a loyal base of 70 students aged between 2 and 17, with tuition fees predominantly collected through recurring monthly direct debits.
The business currently generates approximately £2,600–£2,800 per month in student direct debits, supplemented by £300–£500 per month from private lessons and additional income from third-party studio hire.
Based on current income levels, the business is generating an indicative annualised revenue run-rate of approximately £39,000–£44,000.
Key Highlights
Premises
The academy operates from a dedicated leasehold studio which has benefited from considerable investment and is equipped with full-length dance mirrors, ballet bars, airtrack, gym mats, speakers, yoga equipment and other fixtures and equipment required to operate the business.
The premises are conveniently located close to public transport and benefit from parking for student drop-off and collection.
Significant Growth Potential
One of the most attractive aspects of the opportunity is the amount of unused studio capacity.
The current timetable operates primarily during Tuesday to Thursday evenings and Saturday, leaving substantial availability throughout the remainder of the week.
A new owner could increase revenues through additional children's classes, adult classes, new dance disciplines, private tuition, holiday programmes, fitness/yoga classes and significantly increased third-party studio hire.
Reason for Sale
The business is being offered for sale as the owner is pursuing a different career that better accommodates family commitments.
The owner is committed to providing a comprehensive handover, including training and shadowing, introductions to parents and assistance with transferring existing recurring payment arrangements.
Guide Price: £39,950
Further information, including a comprehensive Information Memorandum, is available to genuinely interested parties following completion of a confidentiality agreement.
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.
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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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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