Rare Chance to Own Essex's Top Music Rehearsal and Production Studio in Chelmsford
Chelmsford, Essex
- Status
FOR SALE
- Date Submitted:
09/02/24
- Advert ID
606510
- Leasehold: £349,000
- Rent: £12,480
- Turnover: £90,000 (£1,731 Per week)
- Net Profit: £22,500 (25% Profit margin)
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Attractive Business
- Fully Fitted
Business Details
Rare opportunity to purchase Essex’s largest Music Rehearsal and Production Studio
Rare opportunity to purchase Essex’s largest Music Rehearsal and Production Studio
Established in 2000, the studio continues to grow and has a large and loyal customer base
The Business Operates in Four Key Areas
Rehearsal Space
Recording Services
Music Tuition
Kids’ Birthday Parties
Additional Services Include
Music Exam Centre for Two Exam Boards
Filming venue for ‘ The Only Way is Essex ’ & ‘ The Voice ’
Space Hire for Dance Rehearsals
Space Hire for Photography
Space Hire for Filming
Equipment Sales & Repair
Equipment Hire
The Business Features
Loyal Customer Base
Year-on-year Growth with Huge Potential
Remote Management, with contracted staff in place
Nine Studios
Two Recording Studios
Seven Rehearsal Studios
Two Reception Areas
Workshop (possible conversion to a Studio)
Kitchen & Toilet
Free Parking
Low Rent & Rates
Customer base including 1000+ Repeat customers
Mailing List of 1600+ subscribers
Facebook followers 4600+
Instagram Followers 5600+
Map
What's Nearby
Listing Statistics
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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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