Martial Arts Studio for Sale in Suffolk County, NY - 32736 Business Type: misc. servicel/non-classifiable,other personal services,seller financing available,gym/health club
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $149,000 | Down Payment | $99,000 |
| Gross Revenues | $0 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $140,000 | Number of FT Employees | Register Free to View |
Financing
$99,000 Down and $50K over 3 yrs. @ 6%
Business Description
Martial Arts Studio - Established 36 Years. Price Reduced. This is one of the best known names in the area. Fantastic reviews. A background in martial arts in NOT necessary to operate this business. It is fully staffed with 5 instructors. In the past year the business had a net profit of approx. $140K. The current owner spends approximately 10-12 hrs./wk operating the business. There are 7 years left on the current lease (2 plus 5) at a rent of $4,700/month for a spacious 1,800 square foot studio with great parking. The area demographics are great. We are seeking a serious and financially qualified buyer with at least $99K in liquid funds to cover the down payment. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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