Business in your area
MLS® N14116948
$690,000
- Status
- Active
- Property type
- Business
- MLS® number
- N14116948
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 10Listing description
A rare opportunity to take over a highly profitable, well-established Taekwondo school in the heart of Richmond Hill. ** Main instructor master will stay and teach**With many years in operation and a strong reputation in the community, this business has built a loyal, stable student membership base-with membership continuing to grow year after year. The school offers a range of established programs, including after-school care with pickup from local schools, regular Taekwondo instruction, and belt testing and examinations.
Its broad appeal and recurring memberships create a strong foundation for continued success. Profitability is a major highlight: the business has consistently reported annual net profits of approximately $350,000-$400,000, offering an attractive opportunity for a new owner seeking an established operation with significant income potential. The spacious premises feature low rent and more than $200,000 in renovations, providing a turnkey setting for the next owner to step in and carry the business forward.
The owner is retiring, creating an excellent opportunity for a young master, an ambitious entrepreneur, or business partners to acquire a respected school with established programs, a loyal student community, and strong reported earnings. Bring your vision and build on a successful business from day one.
Property summary
- MLS® number
- N14116948
- Property type
- Business
- Annual property taxes
- $9.25
- Days on market
- 10 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $690,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX EXCEL REALTY LTD., RICHMOND HILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.