Martial Arts Studio
Middlesex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$125,000 |
$121,000 |
$90,955 |
Furniture and Fixtures Value:
$10,000 (included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Business Summary:
Well renowned Martial Arts School situated on a busy main street in a downtown area with great walk by traffic. Established in its current location for 38 years, specializing in a complete self defense style that combines the best elements of the classic Japanese arts – Karate, Judo, and Jujitsu. Conducts separate classes for children, teenagers, and adults. School has excellent reputation with a consistent student base. Owner has run the business with limited classes, no advertising and without opening on Saturday, creating growth opportunities for a new owner. Great opportunity for single entrepreneur or as an additional location for an existing martial arts business. Retiring owner will assist in the transition and provide instruction in the methodology. Owner also willing to function as part time advisor up to one year based on mutual agreement. First degree black belt necessary for owner/instructor. Studio includes separate dressing areas for male and female students, and second floor workout room. Turn key operation with studio equipment included in the price. Some classes taught by students. Records available for financial verification. For further information, please contact us at 908-851-9040.
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Year
Business was Established: 1971 |
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Facilities / Terms of Lease:
2,500 sq. ft. located on downtown main street with street parking. Separate male and female dressing rooms. Has second floor workout gym for individual workouts. 5 year lease options. |
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Potential
Growth/Expansion:
Additional classes; opening studio 6 days/week versus current 4 days/week. |
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Competition:
Studio teaches an exclusive style of martial arts. |
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Owner
willing to finance:
To be negotiated |
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Owner
willing to train:
Owner will assist in the transition and provide instruction in the methodology also willing to function as part time adviser up to 1 year. |
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Reason for selling:
Retiring |
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REQUEST MORE INFO |
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