Profitable Equipped Multi-room Music Recording Studio For Sale

Not on MLS®

$450,097

Sale of Business in Toronto, ON

Listing Details

Financial Details

About the Business

Competition:

Other music recording studios

Growth and expansion potential:

Opportunity to have a thriving music recording studio and a school to teach audio engineering. Developed course curriculum gathered over 25 years of experiences with two teachers trained to teach course.

Reason for selling:

Relocating abroad

Description

Profitable Music Recording Studio Business for Sale in Etobicoke, Toronto **Location:** Prime Neighborhood of Long Branch 146 Creative Suites, 146 Thirtieth Street, Etobicoke, Toronto **Unit Square Footage:** 1700 sq/ft **Overview:** We are offering a fully equipped, state-of-the-art music recording studio business, located in the vibrant and accessible Office146 Creative Suites in Etobicoke. This turnkey business opportunity includes your own private unit within the building. Four fully equipped studio rooms with the main room including podcast/drum room, a common lobby area, a developed curriculum for audio engineering courses, and two trained instructors available for hire. Three of the studio rooms are equipped with top-tier recording equipment, ensuring a professional and high-quality environment for artists and producers. The fourth room is constructed with a recording booth however is currently being leased as a content creator studio. Perfect for any music producers, engineers, artists, non-profit organizations. **Building Amenities (Office146 Creative Suites):** - Centrally located with easy access via the Gardiner Expressway and TTC - 24/7 access - Security system, and ample free parking - Regular events, networking opportunities, and a collaborative community environment **Additional Value:** - Established curriculum for audio engineering - 2 trained instructors available for hire - High-end recording and mixing equipment - Strong client base with consistent monthly income **Features:** - **Studio A Equipment Value:** $29,520 - **Studio B Equipment Value:** $7,650 - **Studio C Equipment Value:** $10,690 - **Construction Costs:** $101,900 (including soundproofing, HVAC, electrical work, and more) **Financial Highlights:** - **Monthly Revenue:** $10,750 - **Studio A (Podcast Room included):** $5,000 - **Studio B:** $2,500 - **Studio C:** $2,250 - **Content Creators Studio:** $1,000 (can be converted to another fully equipped studio) - **Monthly Lease Expense:** $5,900 - **Net Monthly Profit:** $4,850 **4-Year Financial Projections:** - **Total Expenses:** $283,200 - **Total Revenue:** $516,000 - **Net Earnings:** $232,800 **Asking Price:** $450 097

Location & nearby

This listing is located in Toronto, ON M8W 3C4

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