Professional Recording Studio in Cambridge

Cambridge
REF: 03202

Asking Price:
£89,950
Annual Turnover:
£78,000
Annual Net Profit:
TBC
Recently Sold
REF: 03202
Photo of Professional Recording Studio in Cambridge
Photo of Professional Recording Studio in Cambridge
Photo of Professional Recording Studio in Cambridge
Photo of Professional Recording Studio in Cambridge

Overview

Tenure:
Leasehold
Established:
2007
  • Well Equipped Business
  • Excellent Reputation

This is an exciting opportunity to purchase a professional recording/rehearsal studio in Cambridge.


Established in 2007, the studio has garnered a great reputation amongst music enthusiasts as a leading provider of recording and rehearsal facilities.


It is the largest studio in Cambridge and has achieved year on year growth due to its high popularity.


This is a profitable opportunity for those in the music industry looking to purchase an already successful business.

This high quality studio offers professional recording services to musicians and is the largest professional rehearsal studio in Cambridge. It attracts bands, singers and song writers and is also used for the exam board ‘Rock School’ and corporate businesses for voiceovers, eBooks and training DVDs.

The studio also offers ‘recording experiences’ that are purchased by customers as birthday gifts. The business allows customers to give open feedback on the day and offers a loyalty card scheme, block bookings and tailored recording packages. It is a truly multifaceted business that still has a huge potential for growth.

The premises include 5 acoustically treated studios and a central control room. The rehearsal rooms are fully equipped, air-conditioned and vary in size to suit the musicians needs. There is also a reception area, toilet, kitchen, storage space and a chill-out room.

Intelligent Business Transfer are pleased to bring to the market this well established recording and rehearsal studio that is renowned for its professional services and high quality premises. The business prides itself on the knowledge and expertise of all things related to music and provides a specialised service to help clients achieve their musical ambitions.

The business has achieved an impressive turnover of £78,000 in the year 2015. However, this could be further increased through a number of ways by enhanced marketing and advertising. There is scope for the studio to turn more rehearsing bands into recording clients, as well as potential to set up their own record label to generate extra income. Further recording experiences as birthday gifts could also be developed and the studio could even become a centre for music tuition. This would all significantly increase the year income.

The owner has requested Intelligent Business Transfer to find a suitable buyer who will look to grow further an exceptional, well established business. This opportunity would be ideal for those interested in recording music such as music producers or leisure/entertainer operators who may be interested in developing the entertainment party side to the business.

With a strong existing clientele, and central Cambridge location, this is a very lucrative opportunity for the right buyer.

Features

Online Presence

Website: thehubsoundstudios.co.uk

Location

Property

Annual Rent
£22,000
Annual Rates
£9,070
Lease Term (Years)
TBC
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
XXXX
Current Ownership
XXXX

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