Question for you teachers

[Earthday]

I've been considering starting a business. First, it would be a small music shop. But it would have multiple soundproof rooms out back. I would allow teachers to "rent" the room to teach, would provide whatever instruments, books, amps, stands, cables etc. that the teachers needed to use, would advertise your services, and would handle all of the booking of students (or at least offer the service).

My question to you is how much would you be willing to pay for such a service? Lets say if I charged a rate based on each hour using the room. Any other comments and suggestions are welcome.

[theshadow2001]

Ok so I'm not a teacher. However I don't believe that you are really offering them much. A room books speakers stands basically everything a teacher is going to
have already. A teacher could advertise themselves probably for the same or less as what you would like to receive per hour. An add posted in another music shop would also be equally likely to get more or less the same demographic as your shop and would be free advertising for them

Maybe another way to approach this would be to open a school of music. Where by you hire teachers to come in different days of the week depending on the instrument and then you charge the students to attend. This would also have the benefit of cutting your initial costs since you keep different instruments to different days of the week all you would need is one room (smaller premises or larger showroom for you.) Plus it you may not need to get the soundproofing done at all or at least likely not to the same extent. Heavily isolating several rooms is going to be a lot more expensive than lightly sound proofing one.

[neurotictim]

I know of a few places that are set up just like that, actually. The teachers basically rent the space to teach in, and the shop gets a cut.

I don't know what the cut is, though. The going rate around here is $30/half hour, so I would imagine the shop probably gets $5 or $10. For a shop that's got 4 teachers going full-time, 8 hours a day, that's pretty decent income for the teachers, and covers the shop's power expenses for the day, at least.

Ask around at local music stores.