National Guitar Workshop is shuttering its operations:
Recent economic conditions have made it impossible for National Guitar Workshop to remain in business. During the past several years, the Company has seen a dramatic decrease in student enrollment, and increased costs of operation. Faced with growing operating losses, National Guitar Workshop management has diligently attempted to save the Company through a merger or other business combination, as well as by securing additional operating capital through borrowing and third party investment. Unfortunately, however, none of these efforts has been successful, and management is left with no alternative but to immediately and permanently discontinue operations.
This is sad news. I used to receive their catalog each year and dreamt of one day going to spend a week at “guitar camp”. I could never make it work for various reasons, but it seemed like a great time.
There are people that pre-paid for this year’s camps, and it’s unclear yet whether they will receive any of their money back. Hopefully, they will be able to recoup at least part of their tuition.
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