$Seller Financing Available
| Asking Price |
$150,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$169,000 | Real Estate |
|
| Cash Flow |
$40,511 | Year Established | 2006 |
| FF&E |
$5,000* | Employees | see summary. |
* included in the asking price
** not included in the asking price
Downpayment is $75,000. seller will finance the balance of $75,000 at 7% interest amortized over 5 yearts resulting in a monthly payment for buyer of $1485 or will cashout for $125,000. mixed martial arts classes include karate, tae-kwon-do, sparring, extreme martial arts/gymnastics, etc. other classes include competition, weapons(escrima, nun-chuka), leadership, life skills(self-respect, discipline, and confidence), and self-defense training. current curriculum was developed by another individual. sellers are using this curriculum, but must pay 10% of monthly gross sales plus $2360 in testing fees per year to this individual. if new owner uses his/her own curriculum and testing, an additional $24,249 could be added to the current cash flow for a total of $64,800 per year. currently there are approximately 100 members with the ages ranging from 3-16 years old. membership packages for basic programs range from $80-$149 a month. the more advanced programs range from$199-$289 a month. general hours are 3pm-8pm. weekly summer camps are held to increase sales. teaching independent contractors are utlized as needed. a 2006 ford econoline 15 passenger van is included in the sale.
Facilities: 1592 square feet with rent at $4820 per month. lease expires january 31,2012.
Seller Financing Available: Yes
Financing: See Listing Summary.
Support/Training: Seller will train and will stay on for a smooth transition.
Reason Selling: Other Iinterests.

Mary Zordan
602-978-3313
JANCO WEST BUSINESS BROKERS
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