UNDER OFFER - Profitable, Established and Independent Dance School For Sale in the Greater Geelong Area

Business ID: XB156918



2024 Revenue up 16% to $545K. Adjusted profit to owner in excess of $228K



   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

Property Code: 3873