Martial Arts Studio For Sale -Almost $150K In Revenue

Listing: 1239

Financial Information
Asking: $350,000
Gross: 257,000
Cash Flow: $146,000
Furniture, Fixtures & Equipment: 15,000
Financing: Financing may be available to qualified buyers.

Summary Description
This martial arts studio offers a wide range of programs for both adults and children, with a variety of martial arts styles and self-defense courses available. With a focus on safety, health, and self-discipline, the studio offers a variety of classes as well as programs for local area students. The current owner has prepared an in-depth training manual to assist in the transition that is designed to help ensure success. The martial arts studio is well known and popular in the community. In addition to offering group classes, private lessons are offered to adults and children. Group classes and one-on-one private lessons are offered for a variety of fighting styles. The studio also offers self-defense courses and belt testing. The studio provides offsite kids karate classes for three local elementary schools, a program that could easily be expanded to more schools. Other revenue is generated from birthday parties, which are extremely popular and often result in additional students.

General Information
Facilities: The studio operates from a 4000+ square foot leased building. The lease is assumable; the lease cost of $3500 plus CAM is partially offset by a sublease.
Growth and Expansion: An opportunity exists to market martial arts to a different target market by promoting its aerobic benefits and usefulness as a fitness activity that combats obesity and heart disease. The business could also expand its relationship with local schools to accommodate additional locations. The studio has the opportunity to expand its course offerings to take advantage of early morning commuters who need to squeeze fitness in around the rest of their schedule and offer additional fighting styles. Exposure can be gained by hosting competitions.
Support/Training: The owner is willing to stay on as an employee for a negotiated period or assist in an orderly transition.
Reason Selling: The owner wishes to relocate.
Year Established: 1999
Employees: 3

Contact Information
Contact: Marc Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com