Tae Kwon Do with 275 Weekly Students
Asking Price: | $399,000 |
Gross Revenue: | $536,847 |
Established Year: | 2005 |
Cash Flow: | $284,771 |
FF&E: | $108,000 |
The owner of this martial arts studio has structured the
business to allow him to be a passive owner who reviews
payroll twice a month and does 1 in-person visit a month. All
day-to-day operations are performed by the well-trained staff.
Each teacher holds a title in their respected martial art and
goes above and beyond by encouraging their students to
develop characteristics that they can use throughout their
day-to-day life. Located in Central Omaha, this mixed martial
arts studio offers Karate, Tae Kwon Do, with the choice of
group and private settings for all ages. The well-versed staff
include a Program Director, a Marketing Director, 2 Sensei’s
and 5 teachers. For nearly 2 decades, this Dojo has made its
mark on the community and has become a safe space for the
275+ 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 debt
payments!
With a purchase price of $399,000, this business is primed
and ready for a new owner to step in and reap the benefits of
an absentee opportunity. Seller has offered a transition period
of 1 year and in order mitigate the risk and to show vested
interest in the continued success of the business, he has
offered to carry 10% of the purchase price. The current
marketing strategy consists of a social media presence and
can be seen as an opportunity for growth. Another
opportunity is to offer self-defense classes and promote it as
a “girls’ night out” event!
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