Business Brokers to Sell Performing Arts Centers
How to sell your Performing Arts Center
Running a successful performing arts center can be difficult, but hanging up the towel is daunting. You have to find the right price, the right buyer, and the suitable materials to reap the benefits of a sale. If you don't know what you are doing, there are a lot of things that can go wrong. Thankfully, Synergy Business Brokers has experience selling performing arts centers and has the resources to get you through this transition and start whatever comes next.
Having been around for 20 years, Synergy has the experience to handle the bumps in the road. Our brokers can manage the sale of your creative arts program, no matter if you specialize in music, dance, or drama. The performing art companies market is expected to reach $244 billion in 2025 with a CAGR of 8%. This expected growth only encourages interested parties with the capital to buy into the industry. We find that businesses that have more offers on the table have more leverage to negotiate with buyers, and with the potential for growth within your performing arts center, attracting these offers shouldn't be a problem.
But attracting the right offers from the right buyers is where we come in. Our network and negotiation experience is instrumental.
Free Confidential Listing Consultation
Not sure how to price your thriving performing arts center? Synergy can help. Our senior Mergers & Acquisitions advisors can explain the process, timeline, and valuation through an initial call. We only get paid once a business is sold, so we ensure that your business is the right fit for our services. We only take on clients who have an annual net income of $250,000 or more, so if you qualify, don't hesitate to inquire about our free consultation. When evaluating a company, we first take a look at the last three years' tax returns and P&Ls as well as the year-to-date. This gives us a bird's-eye view of your performing arts company and its progression throughout the years. Once we take in the numbers, we start looking at the intangibles: are there recurring payments, is the staff experienced enough to help with a transition, is there equipment being included with the business, etc.? These factors all contribute to the final listing price that we think would be advantageous for all parties.
After we list a business, we start the marketing process. Synergy has a database of over 30,000 potential buyers of all backgrounds who might be interested in your successful performing arts program. We also use search engine optimization on websites like Google, Bing, and Yahoo to give you and your business the widest variety of options. Whether it be to a wealthy individual, private equity, or an existing face in the industry, we will sell your company to the best reasonable prospect we can find.
We also have experience selling other types of business in the arts and entertainment business. Some of our buyers are looking to expand their portfolio and move into different areas within the arts and entertainment industry. Perhaps you want to sell a successful dance company, music lessons business, performing arts promotions business, acting business, and more. We can help.
CONTACT US TO SELL YOUR Performing Arts BUSINESS
The only way that Synergy makes money is if we sell your business, so for our clients, there is no financial risk on your part — and our service will more than pay for itself with the extra money we may be able to earn you for your sale. If you are ready to discuss a possible deal: fill out our seller registration. Or you can email us at [email protected] or call us at 888-750-5950 to set up a personalized and confidential consultation on selling your performing arts center business.