Existing drama school for sale - Theatretrain Loughton

A rare chance to purchase a well-established business that's ready to expand. The current owner has relocated from the area and can't give the business the attention it needs.

The centre is based in Loughton, Essex – an affluent area with a super convenient location just a short stroll from the Central Line. Loughton has a bustling high street packed with supermarkets and coffee joints- perfect for parents to chill while their kids are in class.

The territory covers Loughton and surrounding areas including Epping and others, with various private schools, not to mention a high number of state schools (there's 17 just in Loughton alone).

The main company can host up to 90 students, and the Minis section is currently the capacity of 16-plus a waiting list, waiting for a second class to be set up. Plus, there's tons of room to add extra classes during the week in this huge untapped territory.

• Year Centre Established:  1994
• Student Numbers: Currently 47 (16 Minis, 35 Main Company)
• Staff Members:  5 (Dance, Acting Teacher- Main Company , 1 Minis Teacher. 1 Minis assistant, 1 Centre Manager) Owner is the current singing teacher.
• Centre Costs: As the centre has been established at this school since it opened, we are very lucky to have a very generous discount to hiring the facilities.
  • Drama studio- £18.90 ph
  • Drama studio 2- £18.90 ph
  • Music room- £15.75ph
  • There are an additional 2x rooms if required.
• Annual Profit (with current student numbers): £20,000
• Reason for selling: Relocation of owners (already moved and travelling a 1hr 45 journey to the centre weekly)                                
• Sale Price: (including training and new franchise agreement) £20,000
• Potential: There is huge scope for growth at this centre and within the wider franchise territory.

Other details:

• Theatretrain items included in the price: Space marker ribbon, 3x Theatretrain Teds, 2 display boards
• Venue is very accommodating and a caretaker is on site at all times.
• Free parking and very close to the Loughton tube station on the Central Line. 
• Staff are local or Londonbased and committed (can be retained by new owner)
• One Singing teacher will need to be recruited as this role is currently performed by the owner.

Available: Immediately with relaunch under new management September 2024

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