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How should I sell my UK studio?
Old 15th August 2007
  #1
Here for the gear
 

How should I sell my UK studio?

Hello, this is my first post after much lurking. I've also stuck this on the soundonsound forum and hope I haven't broken etiquette doing that.

Anyway, after much contemplation, I have decided to sell my studio, and return to a 'proper' job.

This is mainly because I've found I have lost much enthusiasm for music, which used to be my passion. Before I worked in a studio, I used to work on music of my own all the time — now I get back and it's one of the last things I want to do.

I will put a longer post up about my experiences at a later date, which I hope might be useful to other people in similar situations.

For now though, I would like to sell the business as a going concern. The question is, how best to do this? I have contacted MJQ about his services, but should I consider more regional business sales, or small ads?

The studio is not large, but the overheads are low and I have made a living from it. (www.brightbluestudios.co.uk)

Any help much appreciated.
Old 15th August 2007
  #2
Lives for gear
 
dlmorley's Avatar
Sorry to hear this!

I guess the reality may be that selling the gear is the best bet. If you can sell it as a working business, someone may take the whole thing, but you would need to show them how much you make and I get the feeling unless you have a lot of regular clients who are prepared to keep it going AND have some growth potential, it may be hard to find takers.


A PITA but selling the gear may be best..
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