Performing Arts Franchise for Sale in South Delhi
Product / Service
This Centre was established in Jan 2016. This is a unit of a famous franchise with more than 20 centers across Delhi-NCR. This particular center is located at a prime location in a posh surrounding in South Delhi. It provides courses related to Music and Dance including Guitar, Keyboard etc. They offer around 6-7 subjects.
The Area of the premises is 1850 sq. ft. The Premises is on lease with a monthly rent of INR 80000. Currently,10 people work there. There are more than 100 students enrolled with them. They have a good rating on Justdial and get positive responses from the students.
The Previous Year Financial revenue is approx. INR 10 Lakhs with a profit margin of around 10-15%. Owing to it being the inaugural year, various additional costs were incurred. This business has a decent scope in the coming years. Since the promoter is busy with his other commitments, he is looking for partnership or complete exit from the business. The Asking Price for complete sale is INR 25 Lakhs while for a 50% partnership is INR 12.5 Lakhs.
Reason
Busy with other commitments
Keywords
Business Tags
₹10 to ₹200 Cr
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