Long Island Martial Arts School

Suffolk County, NY
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Asking Price:$115,000
Gross Revenue:$120,000
FF&E:$75,000
Cash Flow:$60,000
Rent:$3,325/Month
Established Year:1998
BUSINESS DESCRIPTION

Rare opportunity to acquire a martial arts academy that has been a staple on Long Island for a quarter of a century. This prestigious award winning business is a real gem!

If you don’t know Karate, Martial Arts, or Self Defense, it’s ok. This business comes fully staffed with 3 employees who conduct the classes for you. If you’re already familiar with the Martial Arts, that is great too. The current owner is in his 70's and ready to retire but will gladly stay on to help train the new owner on the business.

This business is way underpriced for a quick sale. The business comes with $75,000 worth of assets; that is over 50% of the asking price. They do $120,000 a year in revenue and they are only open about 25 hours a week.

A new, younger, more energetic owner could come in and immediately increase revenue exponentially just by doing a little online and social media marketing, and staying open longer hours.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retirement
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Jim Boyd
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Jim Boyd