Business Overview

Martial Arts Studio established for over 15 years. Classes available to all age groups. Group or individual classes available .Programs in place for all skill levels. Over 35 active class members, with a client base over 250 students. Currently opened evening and weekend days. Excellent growth potential. Owners looking to retire. Turn key business, location ready for new ownership, Start making money from day one. Owners willing to help with transition. All equipment and location in excellent condition. Ample space available to expand services offered. Off street parking for all students.

Ground level. Walk in directly from parking lot.

Financial

  • Asking Price: $55,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $18,000
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: 2006

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,100
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

retirement

Additional Info

The company was established in 2006, making the business 16 years old.
The transaction does include inventory valued at $2,000, which is included in the suggested price.

The business has 2 employees and is situated in a building with estimated square footage of 4,100 sq ft.
The building is leased by the company for $2,270 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell operating businesses. Nevertheless, the genuine factor and the one they say to you may be 2 entirely different things. As an example, they may claim "I have way too many other responsibilities" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, current reduction in revenues, or a range of various other factors. This is why it is extremely important that you not count entirely on a seller's word, yet instead, make use of the vendor's response combined with your overall due diligence. This will repaint a much more sensible image of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that earnings margins are too small. Lots of companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that need to be fulfilled or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in new customers? Most times, operating businesses have repeat consumers, which form the core of their everyday earnings. Particular variables such as new competitors sprouting up around the area, road building and construction, and also employee turnover can affect repeat clients as well as negatively affect future incomes. One essential thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning client base. A last thought is the general area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the local mean home income influence future earnings potential?