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Long Island Martial Arts School

Long Island City, NY (Queens County)
Long Island Martial Arts School
Asking Price : $125,000   
Cash Flow : $60,000   
Gross Revenue : $120,000   
Inventory : N/A   
Rent: $3,325 per month    
FF&E: $75,000   
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 just waiting for a new owner to step in and take over because the current owner is in his 70’s and ready to retire.

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 owner will train you on how to run the business side of 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 / social media marketing and staying open longer hours.