Business for Sale Overview:
Well established Napkido Karate School in Northeastern New Jersey in prime location. Fully matted with all equipment. Good income maker with reasonable rent currently open part time with great expansion potential for someone wishing to teach full time. Only karate school in area with limitless community potential. Two years ago owner had to cut hours (from 20 hours weekly) due to responsibilities in his full time job. At that time owner was netting well over $50,000 yearly, (Only working part time-4 nights).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
995 sq ft facility completely matted with all equipment landlords will give desirable lease with extended time period outside lot for parking.
Market Competition and Expansion:
Prime location for karate school, limitless potential in area as there are none. Any person willing to teach full time has potential to gross well over 100,000 yearly. Assuming buyer has instruction knowledge in napkido karate and open fulltime business has to expand as there are no schools in area.
Reason for Selling:
Owner retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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