Start A Piano Tuning Service Business - Business Ideas

Updated: September 15th, 2022
Start A Piano Tuning Service Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Starting a piano tuning service business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell piano tuning service, or selling piano tuning service online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$307M
revenue (monthly)
$30K
starting costs
$14.6K
gross margin
65%
time to build
210 days
growth
Organic social media
time investment
Side project

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Equipment & Supply Expenses

$66

$700

Inventory Expenses

$50

$9,750

Software Expenses

$12

$575

Advertising & Marketing Costs

$0

$3,000

Website Costs

$13

$215

Specific Industry Expenses

$0

$500

Total Startup Costs

$141

$21,740

Successful Businesses

Business URL Rank

Piano World

pianoworld.com

106,558

Home

steinway.com

237,243

Hear And Play

hearandplay.com

418,184

The Piano Guys

thepianoguysfl.com

717,089

New & Used Pianos

chuppspianos.com

1,061,216

Piano Emporium

pianoemporium.com

1,748,881

Official Web Site

frankandcamilles.com

2,088,823

Home page

pianosolutions.net

2,286,298

Piano Technician Academy

pianotechnicianacademy.com

2,826,598

Freehold Music Center

freeholdmusic.com

3,187,731

The Edmonton Piano Tuner

edmontonpianotuning.ca

3,221,192

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Rewarding work

Starting a piano tuning service business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Meaningful business connections

You never know who you will meet as a piano tuning service business. This could be the start of an incredible business opportunity!

Quick build time

The average time it takes to build your product is quick - typically around 7 months. This will allow you to bring your product to market faster.

Cons Description

Crowded Space

Competition is high when it comes to your piano tuning service business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Low margins

The gross margins for your piano tuning service business are typically around 65%, which can make it more challenging to incur new expenses and maintain profitability.

Work can be inconsistent

As a piano tuning service business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a piano tuning service business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Taxes

As a piano tuning service business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a piano tuning service business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.