Tae Kwon Do with 275 Weekly Students

Business Summary:
The owner of this martial arts studio has structured thebusiness to allow him to be a passive owner who reviewspayroll twice a month and does 1 in-person visit a month. Allday-to-day operations are performed by the well-trained staff.Each teacher holds a title in their respected martial art andgoes above and beyond by encouraging their students todevelop characteristics that they can use throughout theirday-to-day life. Located in Central Omaha, this mixed martialarts studio offers Karate, Tae Kwon Do, with the choice ofgroup and private settings for all ages. The well-versed staffinclude a Program Director, a Marketing Director, 2 Sensei’sand 5 teachers. For nearly 2 decades, this Dojo has made itsmark on the community and has become a safe space for the275+ weekly students who actively participate in the courses.Included in the purchase is $35,000 in Equipment and$73,000 in studio improvements. A 10% down payment of$39,900 returns $175,248 in the first year after debtpayments!With a purchase price of $399,000, this business is primedand ready for a new owner to step in and reap the benefits ofan absentee opportunity. Seller has offered a transition periodof 1 year and in order mitigate the risk and to show vestedinterest in the continued success of the business, he hasoffered to carry 10% of the purchase price. The currentmarketing strategy consists of a social media presence andcan be seen as an opportunity for growth. Anotheropportunity is to offer self-defense classes and promote it asa “girls’ night out” event!