On Stage Music Academy

Introduction

On Stage Music Academy, a Pop Music School in Long Beach, California, opened December 5, 2014.  We are seeking a buyer to continue the Academy’s success into the future.  Please read on.

 

Features and Benefits that make this business stand out

OSM Academy stands out among several directly competing schools in the general Long Beach area.  Here are some of the features and benefits worth noting:

 

  • School Focus – Long Beach’s all-age Community Music Center’s focus on development of students into musicians at every ability level is the main feature of our school. From toddlers to retirees, we use intuitive/cognitive teaching alongside academic standard skills and understanding to bring informed intuition to all students.
  • Location – among a huge, single-family region with very positive upper middle class disposable income & a focus on education and family
  • Build-out – A professional, warm, highly functional music school with many teaching and group lesson rooms, this setting includes double wall soundproofing in our band room, multi-purpose group room, recording studio, and drum room. (Most music schools allow sound to bleed into every room.  We included baffled ducting as well.)  There are 5 additional private teaching rooms, an office, a connecting sound room for the performance areas, large comfortable entry lobby, and a kids/family area for between lessons.
  • Profitable group teaching programs, including the Early Childhood programs Music Together and Kid’s Music Tour, group vocal, keyboards, guitar, and independent artist classes, several performing bands and groups
  • Multiple Performance settings to create transformational experience for every ability level and learning situation – Rock Shows & Coffee House Performances at local venues, in house beginner “Fun Recitals”, Artist Recitals, and Recording Studio Projects
  • Professional Staff, and Teachers who teach both by note and by rote learning
  • All 5 Star Reviews, Amazing Word of Mouth, Good Will, and Momentum
  • Sales methods are very effective & trainable to create loyalty of new customers
  • Our Curriculum and Operations are developed and mature
  • We know what the community wants in our school – Rock & Pop, and deliver it so there is passion in our students
  • The flexibility to create added programs without restriction, such as traditional instruments and music – symphony instruments & vocal groups, artist development groups, regular performing and recording experiences, advanced studies
  • We are an independent school with autonomy, not a limited franchise

 

Financial review

2019   2020   est. 2021
Sales $256,144.67   $225,286.98   $260,741.40
Operating Expenses $186,908.73   $222,410.99   $173,608.31
Net Income $69,235.94   $2,875.99   $87,133.09

 

Reason for selling

It’s time for the next leader to take over.  I have created a profitable, sustainable business that serves the community but am ready to retire.

 

The Buyer

The buyer must love music, be able to handle business, and have the financial means to guarantee the lease and back up the cash flow.  My background intersects through a music career, classroom teacher, a family business, and sales.  Each skill set must be covered, but not necessarily by the same person.