Long Island Martial Arts School
Asking Price: | $115,000 |
Gross Revenue: | $120,000 |
FF&E: | $75,000 |
Cash Flow: | $60,000 |
Rent: | $3,325/Month |
Established Year: | 1998 |
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.
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