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For Sale: Taekwondo Studio - Profitable, Established - San Mateo County, California

  • Status: Active

  • Posting ID: 277256

  • 1/24/23

$275,000

Asking Price

San Mateo County Taekwondo Studio - Profitable, Established Business For Sale

Description

This is a Taekwondo Studio that has been voted as a neighborhood and family favorite within the community they serve, time and time again. The studio goes beyond self-defense training to foster its students by providing staff-assisted mentoring on schoolwork during periods between classes in a dedicated study room. The mentoring program provides additional revenue to the studio as well. As a business, it is well-run, very profitable, and a clean and organized studio. The established practices of this Taekwondo studio have even succeeded in producing national champions. Because of online classes, the pandemic year was strong. Sales change due to fewer camps & after-school programs offered.

Different from the typical choice of a traditional martial arts studio to find a low-rent warehouse location, this business has smartly and successfully positioned itself in a busy retail district where the high foot traffic provides its own advertising. The location brings in more than enough student subscriptions to cover the rent three times over. Parents enjoy the additional benefit of being able to get some shopping done or pick up a meal while their student is in training.

Potential buyers either must have proven experience as Taekwondo Masters or bring another person who can fill that role.

With only a 10% down payment on the purchase price, the featured business is priced to allow a buyer to cover 100% of the monthly debt service directly out of the business while taking home a potential net annual profit of $150K.

Features: 10 Year Established Reputation, Exceptional Customer Reviews of consistent 5 stars, Places podium winners at Nationals, Good web rankings and social media marketing, Seller leads classes and has assistants to help, 3 to 4 classes per day plus 1 to 2 hours admin, Monday thru Friday classes, no weekends if chosen, Teacher on staff for After School Program, Separate space After School Program, Extra room ready for additional use, Separate glassed office facing main room, 2021 Cashflow (SDE): $226,006.

Very high demand for camps. Working Capital conservatively $20,000. Inventory is estimated at $2000. Business is S-Corp. With a 501c3 for fundraising and scholarships. Membership pays month to month based on 6 monthly commitment. The seller is supportive of training buyers on the operations. The location brings in new students constantly.

To get more information about this Taekwondo Studio - Profitable, Established business for sale in San Mateo County please phone Brian Bacher (Broker - BRE License #:02059943) at 408-368-8160 Cell and 408-436-1900 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277256 on BizBen.com. In addition to phoning Brian Bacher, make sure you email Brian Bacher above to get more info about this Taekwondo Studio - Profitable, Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01229641. Sunbelt Business Brokers.

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Contact

  1. Name: Brian Bacher
  2. phone iconPhone: 408-368-8160 Cell
  3. phone iconPhone: 408-436-1900

Details

  1. Asking Price: $275,000

  2. Down: Call / Email

  3. Cash Flow: $260,009

  4. Revenue:   $460,445

  1. Area: San Mateo County

  2. City: None Given

  1. Attributes:

    Broker-Broker CoopSemi-Absentee RunTraining & Support

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