Zenith Martial Arts | Application Preview
Zenith Martial Arts is seeking government grants to support their relocation to a larger facility. This move aims to enhance branding opportunities and service quality while accommodating more clients simultaneously.
Their business strategy highlights a strong afterschool program, projected to generate significantly higher revenue than their current martial arts offerings. Additionally, they plan to introduce massage therapy once a new employee completes training, further diversifying their income sources.
The founders are committed to establishing their business as a vital community resource, emphasizing their youthful energy and long-term vision for growth. They acknowledge competition from local martial arts schools and afterschool programs but believe the market can support their expansion.
Zenith's competitive advantage lies in their ability to provide multiple services in one location, creating a convenient "one-stop shop" for families. Parents can utilize additional offerings, like massage therapy, while waiting for their children’s classes, enhancing the overall experience and attracting a broader client base.
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General Information
Business Registration Number: 834045169
Location: Concord, NH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We would like to move into a larger location that provides us more freedom to brand and provide a quality service. This will also provide us a larger space to take more clients at once.
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Business Plan
Our afterschool revenue stream can bring in significantly more than our martial arts stream ($400-$500 monthly versus $80-$120 monthly). We also have an employee signed on to begin massage therapy once he completes school, which will bring in another noteworthy revenue stream as we continue to build out. We are incredibly passionate about growing our business into a community staple and something that can help people achieve their goals. We are also younger entrepreneurs who intend to run and expand the business for several decades to come.
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Self Identified Competition
In the martial arts realm, Bodyworks Karate and Steve Demasco's Kungfu In the afterschool realm: East Side Learning Center, although the demand is high enough to support additional competitors In Massage therapy (when we arrive): Elements Massage. A small number of private massage therapists. Being able to provide many of these services together in one location - as well as future revenue stream ideas - provides a "one-stop shop" for people to better themselves that is incredibly convenient. A parent waiting for their child's 45-minute class to end can get a massage, or benefit from other programs we intend to implement as our time allows.
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Contact Applicant
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