Should I buy an existing recording studio or build one?
Buying gets you finished rooms, working gear and possibly clients, but you take the gear and layout as they are. Building lets you design the rooms and choose the equipment, but you wait for the build, may need the landlord’s consent, depending on the lease, and then have to win clients. Get quotes for both routes and compare them.
Building a studio is not like opening a shop. The rooms have to sound right, and that work is slow and hard to undo. Buying one that already sounds right may suit you, but only if it fits the way you want to work. Weigh the choice by what you cannot change afterwards: the space, the layout and the people who book you.
Rooms that cannot move
Soundproofing and room treatment are built into a particular space. If you buy, ask whether the rooms suit your kind of work, such as bands, voice or mixing, and what the lease allows. If you build, ask the landlord in writing what building and noise are permitted before spending anything. Your lawyer can read the lease for both routes.
Gear you inherit and gear you choose
An existing studio comes with a console, monitors, microphones and cables, some of which you may not have picked yourself. Ask how old each item is and who owns it. Building lets you select equipment to fit your work, and you can buy in stages. Treat costs as things to quote and compare, with supplier and contractor estimates side by side.
Time to win clients
A new studio starts with no bookings and no word of mouth. An existing one may bring repeat clients, though many follow the owner. Ask who books the studio and whether they would stay. Our page on what to check before buying a recording studio covers the questions to put to a seller.
Choosing
- Consider whether the rooms and clients already fit your work.
- Consider whether you need a layout or sound that no existing room offers.
- Either way, get the lease reviewed before you commit.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernment13 terms you need to understand before signing your commercial real estate lease
- 03Business Development Bank of CanadaGovernmentEquipment purchase financing for entrepreneurs
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