REGIONALLY KNOWN SCHOOL OF FINE ARTS
Seller:
Attn:
Kirk or Randi Edwards
Location:
Issaquah, WA, USA
Listing Number:
"hfngMonart"
Overview:
This unique nationally known Art School is located in the heart of Downtown Issaquah. The Monart system of teaching students to expand their visual and artistic horizons is internationally known and recognized in the education community. This school has been in business since 1995 and is the only Monart School of Fine Arts in WA State. This system does not require the owner to have a teaching degree or special training. The current Seller has 2 part-time instructors. The Seller currently has over 80 students a week in class and about 197 students outside the classroom. The Seller has contracts with different schools and community centers to teach her programs. This could be easily increased with some marketing by the new owner. The Monart system is a Franchise - the royalty fee is 8% of the monthly gross sales - the transfer fee is $1,500 - and the Franchiser provides 2 weeks of training at Monart University in Calif.
Property Features and Assets:
This unique regionally known Art School is located in the heart of Downtown Issaquah. The business utilizes a system of teaching students to expand their visual and artistic horizons which is internationally known and recognized in the educational community. This school has been in business since 1995 and is considered one of the best regional small art schools. This system does not require the owner to have a teaching degree or special training. The Seller will provide 2 weeks of on site training. The current Seller has 2 part-time instructors. The Seller currently has over 80 students a week in class and about 197 students outside the classroom. The Seller has contracts with different schools and community centers to teach her programs. This could be easily increased with some marketing by the new owner.
Market Competition and Expansion:
This is one of the best small art instructional schools in the region. Due to the unique educational and artistic benefits derived from this system there is no competition locally or in the State. The Seller currently has several outside teaching contracts and that could be expanded. There is unlimited growth to this business. The current Seller holds Art Camps during the summer and these could be expanded. The outside teaching contracts could be increased. The school is set up to teach 2 separate classes at a time - the Seller does not utilize this.
Additional Details:
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