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Karate instructor kick-starts studio

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first_imgBUSINESS NAME: Round One Martial Arts and Fitness Inc.BUSINESS ADDRESS: 21767 Ventura Blvd., Woodland HillsPHONE: (818) 888-1511E-MAIL: [email protected] AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhy these photogenic dumplings are popping up in Los AngelesOWNER: Josh BrennerESTABLISHED: 2004NUMBER OF EMPLOYEES: OneDESCRIBE YOUR BUSINESS: A martial arts and fitness center helping children and adults build confidence, get in shape, learn personal protection skills and have fun in a friendly setting with an energetic atmosphere.IS THIS YOUR FIRST BUSINESS? Yes WHY DID YOU START THIS BUSINESS? I saw the need for high-quality instruction in martial arts based on the fact that most other schools are not giving the best instruction available.WHERE DID YOU GET THE IDEA? By working for a karate school where the owner believed mainly in financial gain and not in the best interests of the members.HOW LONG WAS IT FROM CONCEPT TO OPENING? Two years.WHAT DID YOU DO DURING THAT TIME? Worked as a karate teacher and personal trainer.WHAT WERE YOUR STARTUP COSTS AND HOW DID YOU FINANCE THE BUSINESS? $50,000. I found an investor who believed in me. He gave me a personal loan.WHO DID YOU RELY ON FOR ADVICE? My past experience. I have been in martial arts for more than 20 years. I won the 2005 USA Martial Arts Hall of Fame “Instructor of the Year.”WHAT HADN’T YOU CONSIDERED BEFORE OPENING? I didn’t think so many of the students from my past would follow me.WHAT IS YOUR EXPECTED REVENUE THIS YEAR? $250,000 to $300,000.WHAT GOALS DO YOU HAVE FOR THE COMPANY? I’d like to build an incredible staff of instructors who share the same goals. Building confidence and character in our community while giving the best martial arts instruction.To be considered for a small-business profile, you should have fewer than 10 employees and be locally based. For a free profile questionnaire, call (818) 713-3677.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more