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NJD
 
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Default rehearsal space as business

I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.

Anybody remember that? I did a Google search, but came up empty. Maybe
I dreamt it.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?

Thanks.

--
Laung Anthique
http://www.ironia.net
http://www.cultv.com
  #2   Report Post  
John Noll
 
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Default rehearsal space as business

NJD wrote:
I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.

Anybody remember that? I did a Google search, but came up empty. Maybe
I dreamt it.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?

Thanks.


There are two such rehearsal studios in my area and
they're both pretty busy.

IMHO it's a pretty crummy business to be in. The rooms
and gear take a lot of abuse, lots of loud bad music,
long hours, security issues, complaints from neighbors, etc.

--
--
John Noll
Retromedia Sound Studios
Red Bank, NJ 07701

Phone: 732-842-3853 Fax: 732-842-5631

http://www.retromedia.net

  #3   Report Post  
WideGlide
 
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Default rehearsal space as business

IMHO it's a pretty crummy business to be in. The rooms
and gear take a lot of abuse, lots of loud bad music,
long hours, security issues, complaints from neighbors, etc.

------------------------

You need to do it on a monthly basis, not hourly basis. Get an industrial
building in a location where you can make lots of noise all day and night.
Build up a bunch of small rooms inside. Need not be furnished at all, just
paint the walls and put down a cheap carpet maybe. Put in good doors and a
security camera system throughout the building. The tenants are responsible
for all locks on their own doors. You will of course not need to provide
any music gear. Depending on your area, you can get some very decent bucks
per month. In New York, Long Island anyway, you can get at least $600 per
month per small room. The places I've seen here are always fully booked at
all times, you need to get on a waiting list if you want to get a room.
There's a big demand. The rooms are usually dirty and unkept, but people
still beg to get on waiting lists at $600 per month. $600 a month is a lot,
and most musicians are broke, but often two bands will go in on a room
together and share... so if you have a total of 8 band members, that's only
$75 per person per month... this is why it works. If you can manage to
build say 10 - 16 rooms inside a small industrial warehouse, chances are you
can make a decent profit. Another nice thing is that you do not need to be
there all the time, nor do you need to employ anyone. You will just need to
do some maintenance and clean up work occasionally, probably more often than
you would think, but it's still not a full time job. Of course there is
still overhead, insurance, heating, electrical, various fines and
violations, snow removal, trash carting, etc, etc. One way to start
researching this is to just try to find other studios in your area that do
this. How many are there? How much do they charge? Are they booked up or
empty? Etc. I know on Long Island, there are a decent amount, and they are
all booked up... and they are charging $600 for bare-bones unfurnished small
rooms in desolate industrial areas. Come to Long Island and open one up...
and give me half price on a room for the advise!


  #4   Report Post  
anthony.gosnell
 
Posts: n/a
Default rehearsal space as business

"NJD" wrote
I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.


I used to run 4 rehearsal rooms as a business.
If you have any more questions I would be happy to answer them.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?


Most big cities will need them. Check to see if it is already catered for by
community centres, scout halls etc.

--
Anthony Gosnell

to reply remove nospam.


  #5   Report Post  
NJD
 
Posts: n/a
Default rehearsal space as business

In article , eagle123
@optonline.net says...
IMHO it's a pretty crummy business to be in. The rooms
and gear take a lot of abuse, lots of loud bad music,
long hours, security issues, complaints from neighbors, etc.

------------------------

You need to do it on a monthly basis, not hourly basis. Get an industrial
building in a location where you can make lots of noise all day and night.
Build up a bunch of small rooms inside. Need not be furnished at all, just
paint the walls and put down a cheap carpet maybe. Put in good doors and a
security camera system throughout the building. The tenants are responsible
for all locks on their own doors. You will of course not need to provide
any music gear. Depending on your area, you can get some very decent bucks
per month. In New York, Long Island anyway, you can get at least $600 per
month per small room. The places I've seen here are always fully booked at
all times, you need to get on a waiting list if you want to get a room.
There's a big demand. The rooms are usually dirty and unkept, but people
still beg to get on waiting lists at $600 per month. $600 a month is a lot,
and most musicians are broke, but often two bands will go in on a room
together and share... so if you have a total of 8 band members, that's only
$75 per person per month... this is why it works. If you can manage to
build say 10 - 16 rooms inside a small industrial warehouse, chances are you
can make a decent profit. Another nice thing is that you do not need to be
there all the time, nor do you need to employ anyone. You will just need to
do some maintenance and clean up work occasionally, probably more often than
you would think, but it's still not a full time job. Of course there is
still overhead, insurance, heating, electrical, various fines and
violations, snow removal, trash carting, etc, etc. One way to start
researching this is to just try to find other studios in your area that do
this. How many are there? How much do they charge? Are they booked up or
empty? Etc. I know on Long Island, there are a decent amount, and they are
all booked up... and they are charging $600 for bare-bones unfurnished small
rooms in desolate industrial areas. Come to Long Island and open one up...
and give me half price on a room for the advise!


Interesting! Thanks.

--
Laung Anthique
http://www.ironia.net
http://www.cultv.com


  #7   Report Post  
Analogeezer
 
Posts: n/a
Default rehearsal space as business

NJD wrote in message t...
I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.

Anybody remember that? I did a Google search, but came up empty. Maybe
I dreamt it.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?

Thanks.


You won't make much money from the rooms, but if you put in coke
machines that hold beer, I guarantee you will make a ton of cash.

Analogeezer
  #9   Report Post  
Garrett Cox
 
Posts: n/a
Default rehearsal space as business

HAHA


garrett

NJD wrote in message t...
In article ,
says...
You won't make much money from the rooms, but if you put in coke
machines that hold beer, I guarantee you will make a ton of cash.


Is that legal?

  #10   Report Post  
unitron
 
Posts: n/a
Default rehearsal space as business

NJD wrote in message t...
I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.

Anybody remember that? I did a Google search, but came up empty. Maybe
I dreamt it.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?

Thanks.


Before you sink any money into it make sure that local bands aren't
already happily using rental storage units for both equipment storage
and practice space.


  #12   Report Post  
Mike Potter
 
Posts: n/a
Default rehearsal space as business

I own a business here in Baltimore that does just that. If you're going to
open a band rehearsal place be sure you're ready to play babysitter for lots
of musicians who seem to have trouble operating alarm systems, emptying
trash, hitting the target in the bathroom, and so on. Plus the weekend
partying, tagging, destruction, etc. I've replaced several sinks because
lust filled musicians thought throwing their wenches on the sink made sense.
Homeless band members trying to live out of their rehearsal rooms. Bands
that take in other bands to help with the rent - then fight when one or the
other comes up short. Oh ya, and just getting the rent. But I'm guessing
you've already thought of all that!

As to the beer in the soda machine gambit: My competition here did just
that - got busted too.

Mike Potter
Orion Sound Studios
Bawlmer, hon!
www.orionsound.com


"unitron" wrote in message
om...
NJD wrote in message

t...
I may be mistaken, but I seem to recall a thread here discussing the
viability of renting rehearsal space as a business. I have an interest
in this as a possible business.

Anybody remember that? I did a Google search, but came up empty. Maybe
I dreamt it.

If my memory is faulty, anybody have any thoughts on how to research the
viability of such a business in a particular area?

Thanks.


Before you sink any money into it make sure that local bands aren't
already happily using rental storage units for both equipment storage
and practice space.



  #13   Report Post  
 
Posts: n/a
Default rehearsal space as business

Lines: 22
Message-ID:
X-Trace: npbhgpngjbkmjfegdbdpiflmbcekedmfhojhikkbagflhcboli cdfkbiedjhohgofbcgpepmajljakaoidaklbcalhejnjiiffnc gfnojaonepigaaijeefbmmnmcbldbcalbbcmcpipcbkgffklph adahkkpojf
NNTP-Posting-Date: Tue, 02 Mar 2004 21:47:20 EST
Date: Wed, 03 Mar 2004 02:47:20 GMT
Xref: intern1.nntp.aus1.giganews.com rec.audio.pro:1046683


On 2004-03-02 said:
says...
You won't make much money from the rooms, but if you put in coke
machines that hold beer, I guarantee you will make a ton of cash.

Is that legal?

MOst places here in the U.s. would take a rather dim view of that one.
YOu'd have to get the appropriate licenses and make sure minors didn't
have access to it.

NOW if you maybe supplied each rehearsal space with its own cooler,
they put whatever they want in it.



Richard Webb
Electric Spider Productions
REplace anything before the @ symbol with elspider for real email

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