Well Established Essex Music Studios Business

Chelmsford, Essex
REF: 03947

Asking Price:
£150,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 03947
Photo of Well Established Essex Music Studios Business
Photo of Well Established Essex Music Studios Business
Photo of Well Established Essex Music Studios Business
Photo of Well Established Essex Music Studios Business

Overview

Tenure:
Leasehold
Established:
2001
  • Well established
  • Brilliant contacts
  • High profits and margins
  • *3 Month Transition Period Available*
  • Outstanding reputation

This business is a very well-established music and entertainment service provider with a number of priceless connections in the business. The business is already highly profitable, benefiting from great margins and a secure client base to maintain financial success. However, there is huge growth potential in the business, through building all the avenues this company has under one roof. Including but not limited to: a music venue, a place for festival bookings, tour support, rehearsal studios, a music agency for wedding bands, a recording suite, a photography studio, videography services, backing tracks sales, music tuition, DJ tuition, PA Hire, an exam centre, dance studios (coming 2018), talent scouting for X factor and other shows, artist development and brokering, artist management, record label services, recording parties for children and adults.This is a very rare opportunity which should be considered in depth by anyone with experience in the industry. You are buying a wealth of industry contacts putting you in the hands of the top people.

On offer is a music academy and talent agency business offering a variety of services to budding artists and the music industry. The music academy itself gives artists time and space to learn, implement and practice. There are numerous rehearsal rooms on site and a recording studio and photographic studio, used by artists and musicians for a fee or by agreement with the management as part of a larger agreement. The company offers recording parties for kids and adults to get used to them more easily and socially. The music agency books major and minor acts in to many large venues and festivals and also accommodates weddings and corporate events.The premises are based in a larger commercial property, shared by several other businesses, offering clients plenty of parking and facilities. The company also has a very well designed website incorporating videos and recording of its clients at work together with its own marketing. The company has many sponsorship deals and has just expanded its premises to accommodate a new office, meeting room, plenty of storage rooms for bands to pay for and 2 new music studios. Building work is starting this year.The premises comes with app accessed CCTV and alarm system with all current staff trained in all aspects of the business. They often hire out PA and lighting equipment to bands gigging and offer a delivery and engineer service.

Intelligent Business Transfer is excited to be able to offer its clients the unique opportunity to acquire a very well established and well connected artist services business with links. Over the years, the business has developed a stellar reputation within the music industry, something which the future owner would benefit from hugely. The company’s profits are every bit as impressive as its reputation, standing nearly £200,000. This business would be an ideal acquisition with experience in the music industry who wants to take their entrepreneurial career a step further by leveraging its contacts and reputation. Enthusiasm for the music business is a big bonus which could help the buyer move the business into an even more successful position.This is a very rare opportunity which should be considered in depth by anyone with experience in the industry. You are buying a wealth of industry contacts putting you in the hands of the top people. The owner is also considering a partnership deal and is keen to take some of the business off site and keep if too many products can’t be handled by the new buyer.The business comes with full staff and PA secretaries splitting between day and night shifts. All a new owner needs to manage is the business itself. The studio comes with new 10-year lease.Simple reason for sale is the company is too big to manage for the current owner on his own as he runs other businesses and bigger projects than this and fresh heads need to take it to the next level.

Features

Online Presence

Location

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
TBC

Financial & More

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

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