SOLD! GROWING MULTI-UNIT PREMIER MARTIAL ARTS
FRANCHISE FOR SALE IN SALT LAKE COUNTY, UTAH
List Price: $675,000 USD
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Annual Gross Revenue:
$650,000 USD
Value of Inventory:
Less Than $25,000
Value of Assets:
$150,000 - $200,000
Business Category:
Children
Business Operates From:
A Retail Location
Year Established:
2020
Seasonal Business:
No
1-3 Months
TRANSITION SUPPORT
Somewhat
PRICE/TERMS
FLEXIBILITY
Passive
OWNER INVOLVEMENT
SUMMARY
Established, growing franchise changing the lives of kids and adults every day through martial arts instruction! —> Premier Martial Arts helps students develop self-discipline, high self-esteem, a positive outlook, a spirit of constant improvement and an attitude that refuses to give up. From Karate to Tae Kwon Do to Kickboxing, martial arts is a great way for children to be active and have fun while also learning and growing. —> For sale are 3 operating studios and rights to develop 5 more territories in prime locations throughout Salt Lake and Utah Counties. Seller bought all 8 territories in early 2020 and opened Riverton in January 2021, Pleasant Grove in July 2021, and Draper in September 2021. One year later, with top martial arts instructors in place, revenue is increasing nearly every single month. Membership is growing consistently through word of mouth and outstanding reviews on Facebook (perfect 5 star ratings) and Google (4.9 of 5.0 stars)!! —> Studios are still in the growth phase, but seller has built a solid foundation for a new owner to run and generate significant growth to 2-3x profits. It would take $1.0 Million+ and 1 yr to build from scratch. Included for the right buyer are 5 additional territories and some seller financing. This is HUGE savings and ROI for someone who will grow with Premier, which has a 20 year track record of building profitable businesses and is part of market-leading Unleashed Brands. —> Seller loves the business and would keep it if possible (health). Interest in martial arts is at an all-time high; popular culture is inundated with examples of martial artists, leading new generations of people to martial arts for fitness and more structured ways to work out. Parents are turning to martial arts as a sport for kids, often with the goal of developing character while having fun. Plus, the $30 billion fitness industry is growing by a staggering 2.1% each year (IBIS World)! —> Don’t miss this great deal!! Inquire now!!
PHOTOS
FACTS
Part-Time Employees:
1-5
Full-Time Employees:
6-10
Total Employees:
10-25
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
$10,000/month
VIDEO
DESCRIPTION
DAY-TO-DAY INVOLVEMENT
A Regional General Manager runs the daily operations. Seller stays aware of the franchise programs and marketing to help the general manager set goals and answer questions as needed. Seller spends a few hours on Mondays helping manager prepare for team meetings. Seller manages back office things like accounting, HR, payroll, etc. Buyer could hand all of that off to the GM if they prefer less involvement or could be more involved, work full time as the GM, and trim the team down to cut costs. There are 8 FT and 2 PT employees.
FRANCHISE BRAND ACCOLADES AND AWARDS
Seller's locations have won awards from corporate: Rising Star Award, Dedication Award
ASSET DESCRIPTION
Each studio is built out with mats, mirrors, retail displays, all the pads and necessary equipment to teach classes. The office in each studio includes a desk, TV's, organization furniture, and each studio has the necessary chairs for parents to watch. We also have the signage on the outside of each building. The sale will also include all inventory of uniforms and equipment that are on hand at the time of the sale. Total estimated value $200,000.
INVENTORY DESCRIPTION
All inventory includes uniforms, martial arts equipment packages, branded marketing materials, and retail clothing. Estimated value is $10,000.
ADDITIONAL INFO
No martial arts experience necessary. Premier corporate provides full training including: 5 days of business and classroom training; Ongoing access to online training platforms; Weekly video management meetings; Quarterly live events for franchisee training along with regular training at the home office
BONUS MATERIAL
WHY I LOVE MY FRANCHISE
Everything. Great brand. Great support. Makes a difference in the world. Programs and systems are built so that once built, it provides great profits.
REASON FOR SELLING
Health reasons
GROWTH OPPORTUNITIES
Business is still in the growth phase. Continued Revenue growth will provide profit growth. Riverton is the smallest and can grow a little more. Pleasant Grove is much bigger and can more than double in size of members. Draper is the biggest and can grow by 400% in membership. New owner could reduce costs (i.e. employee benefits) or work in the business to increase margins. 5 new territories included provides significant additional growth opportunities.
Some
SELLER FINANCING AVAILABLE
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