Summary
Here’s something to make a song and dance about! After 14 years of teaching others to dance the owners of this famous studio on the Mornington Peninsula are hanging up their dancing shoes.
Location Details
3/5 Torca Terrace
Located close to Mornington-Tyabb Road and only a few minutes to Nepean Highway the business enjoys a high profile location in the busy Mornington light industrial estate.
Potential
Suitable for dance instruction, yoga, pilates, body balance, gym, wedding receptions, church services - the list is endless.
Reason for Sale
Retirement.
About the Business
Here’s something to make a song and dance about! After 14 years of teaching others to dance the owners of this famous studio on the Mornington Peninsula are hanging up their dancing shoes in favour of a well-deserved rest.
The business, which offers tuition in a multiple of styles including Latin, Ballroom, New Vogue Street Latin, Bridals, Rock & Roll, Hip Hop and Zumba, appeals to both the dancing enthusiast and the first-time beginner. Bridal and private classes are catered for by a team of accredited, successful, and experienced dance teachers and competition and award nights are held regularly throughout the year.
Located in a prominent position just off the Mornington-Tyabb Road, the studio features a 330 square metre premises with six dedicated parking spots and ample overflow parking, a magnificent Tasmanian oak 250 square metre (approx.) ballroom dance floor featuring a long wall with 14 full-sized mirrors, reception area, mezzanine staff lounge upstairs with kitchenette and shower/toilet and staff changing room, customer kitchen and toilets downstairs and a fully-equipped sound centre.
In addition to dance tuition, competitions and events, the venue offers the opportunity for wedding receptions, gym and personal training classes, Pilates, yoga, karate and other fitness activities.
Other features:
• Brand new fully equipped sound centre
• 24-hour surveillance (accessible via mobile phone)
• Competent and experienced staff include manager with over 20 years’ experience and two highly qualified casual dance teachers
• Semester classes and Mornington Dance Studio logo prize trophies
• Strong social media presence on Tik Tok, Instagram, Facebook, Google plus own website
• Customer friendly opening hours (4:30pm – 9pm and by appointment during the day)
• Separate staff amenities room with shower above the ballroom and separate kitchen
• Disabled toilet
There is a new 3 year (with options) lease in place and, with a low rental of $3,375 (approx.) per month, operating costs are kept to a minimum.
So, if you feel you are ready to exchange the office for a career and a sea change then this may be your opportunity to dance with the stars in a business that can combine a stable and growing income and a coastal lifestyle second to none.
Price: $69,000 including all plant and equipment
Contact: Alan Maguire, Principal, Maguires Real Estate
Phone: 0418377038
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