Band Rehearsal Space Rentals

Band Rehearsal Space Rentals


Business At A Glance

Band Rehearsal Space Rentals

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Musical bands and performers have always had a difficult time securingspace for rehearsing their acts and numbers, and starting a businessthat rents rehearsal space to musicians by the hour, day, week or monthis a fantastic new enterprise to get rolling.

Ideally, the businesswill be established on leased premises in an industrial building sothat noise won’t be a concern or become a problem. Additionally, thespaced that’s leased for the rehearsal space should also be subdividedinto a few smaller rehearsal rooms to accommodate more than onecustomer at a time. Current rental rates for rehearsal rooms start at$10 per hour and can go much higher depending if any equipment and PAsystems are supplied and included in the rent.

The Market

Typical customers will be anyone in the music industry–from musicians to singers to music producers.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.