Long Island Martial Arts School
Suffolk County, NY
Asking Price :
$ 125,000
Cash Flow :
$ 60,000
Gross Revenue :
$ 120,000
Inventory :
N/A
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!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.
Detail Information
Location: Suffolk County, New York
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Lease
Building SF : N/A
Rent : N/A
Lease Expiration : N/A
Employees: 3
Year Established: 1998
Reason for Selling: Retirement