What should I check before buying a martial arts school?
Check who teaches the classes and whether the head instructor will stay, what style or association the school belongs to, who the students are by program and age, how membership billing and cancellations work, the condition of the mats and gear, and what the lease says about the training space.
A martial arts school is a small community built around a teacher, a style and a room. You are not only buying mats and a client list. You are stepping into a place where students have a relationship with the person at the front of the class. Start with the people and the programs, then move to the paperwork and the space.
Who teaches, and will they stay
Ask who leads each class. If the owner teaches most of them, find out how students would react to a new face. Ask whether other instructors are employees or contractors, what rank they hold, and whether they plan to stay. A written transition period with the owner is worth asking for. Your lawyer can tell you how to document it.
Style, affiliation and curriculum
Many schools belong to a style, a federation or a lineage that sets the curriculum, the grading and the right to use a name. Ask whether that affiliation transfers to a new owner, whether the association must approve you, and whether a rank requirement applies to whoever runs the school. Ask to see the written curriculum and grading records.
Students, billing and the space
Ask for the roster broken down by program and age group, and how long students tend to stay. Learn how membership billing works, how cancellations are handled, and whether anyone has prepaid. Then look at the mats, the gear and the room. Ask about the lease: who the landlord is, how long the term runs and whether the landlord must consent to a transfer. Compare the billing system’s reports with the bank deposits.
For how to read the earnings once you have the records, see how to work out what a martial arts school owner takes home. A similar studio checklist appears in what to check before buying a music school.
Related reading
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Selling
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Canada Revenue AgencyGovernmentBuying a business
- 04Business Development Bank of CanadaGovernment13 terms you need to understand before signing your commercial real estate lease
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