Listing Number: 76931-616237
Description
Primary business for sale for $399,000. Real Estate in addition to the business is $5,250,000. There is an additional adult gym on site where assets and business operations are available for $150,000. Discuss options with Broker. Only Buyers interested in the Real Estate with investment capacity will be a fit for this business. Excellent opportunity for full daycare / childcare concentration.
This business was originally established in February 2008, as an expansion to its smaller original location, and is now one of the largest martial arts educational facilities of its kind in the country. In 2014, they added a complete private health and fitness gym that is the most comprehensive gym facility in the area. Although the smaller location closed largely due to COVID, this facility boasts an after school martial arts program serving most elementary and middle schools in the area and has evolved to become one of the largest martial arts / day children's facilities in the US, with a fleet of 6 vans.
With a capacity of over 400 in various martial arts programs, current enrollment is 140. The facility is also licensed for 170 to serve pre-kindergarten and before and after school programs. Transportation is or can be provided to local schools before or after school. While revenues have been as high as $880k since 2016, current revenues are closer to $600k. Since COVID the owner has put in minimal effort for growth or expansion and is ready to retire.
There is an onsite adult martial arts centric gym that has over 110 members and includes a full-size boxing ring. The assets related to the gym are NOT included in the sale of the school, however, are available for an additional $150,000.
Sale price includes ~$150k in FF&E, including a fleet of 6 wrapped vehicles.
Real estate, in addition to the business sale price, is $5.25M for 16,850 square foot League City location on ~.6 acres.
Listing Details
- Price: $5,649,000
- Down Payment: $5,649,000
- Sellers Discretionary Earnings: $123,812
- Total Sales: $591,976
- Location: Galveston County, Texas
- Inventory: $0
- FF&E: $150,000
- Employees: 11
- Reason for Selling: Retirement
- Category: Child Care
