Successful Taekwondo (Korean Martial Arts) School

Listing Number: 9075-245999

Description

This well established Academy has been successful year after year for the 11+ years they have been in business. They have over 100 students that are enrolled in either a 1 year or 3 year program. This could be a possible Korean owner (or E-2 Visa candidate) or someone with their own program. If you are a Bruce Lee or Chuck Norris type - you would thrive in this setting! Lease is $3000/mo and new owner can do a lease assumption when it expires in Aug 2021. Over $300K in gross sales equates to just under $200K in SDE. This owner is relocating and this successful business is priced to move quickly!

Listing Details

  • Price: $279,000
  • Down Payment: $179,000
  • Sellers Discretionary Earnings: $198,000
  • Total Sales: $334,863
  • Location: Mecklenburg County, North Carolina

  • Inventory: $0
  • FF&E: $5,000
  • Employees: 4
  • Year Established: 2008
  • Reason for Selling: Relocation
  • Category: Fitness
Successful Taekwondo (Korean Martial Arts) School

Business Listed By:

Lynda Kuehni