Long Island Martial Arts School
New York
Asking Price: $ 125,000
Cash Flow: $60000
Gross Revenue: $120000
FF&E: $75000
Inventory: $0
Year Started: 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&sbquos 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: New York
- Industries: Health Care & Fitness
- Detail inventory: Not Included in asking price
- Building SF: N/A
- Rent: 3325
- Lease Expiration: N/A
- Employees: 3
- Reason for Selling: Retirement
- Seller Financing: No
- Established After Year: 1998