We are a martial arts school that offers subscription-based programs. We have 7 active locations and 9 more in development. Most of which are actually located inside LA Fitness facilities. Our locations are currently spread throughout three states, and we have more locations readily available for licensing. We offer a simple, yet wide range of programs for virtually all ages of students who are interested in fitness and martial arts. If you would like to learn more about each individual program, you can visit our website at www.mydojoma.com. Our programs are divided into four major groups, each separating the students by their appropriate age, interest, and level of experience. First, we have our Little Ninjas program for ages 3-5, as they progress or age out, they move to our Dragon Kids program for ages 5-12. Our Dragon Kids will naturally move on to our teen classes starting at age 12. We also offer an Adult Martial Arts program and a Kickboxing class for late year teenagers and adults.
Over the previous two years we have not only focused on improving the infrastructure of our business model, but also our process in the development and implementation of new locations. We have seen a steady climb in number of student enrollments directly at our locations, as well as an increased number of education institutions joining our outside programs in which our instructors go directly to the local schools near their respective locations and teach group sessions or hold events for the community. These have led to more and more conversions to new members for various locations in the area.
In order to ensure that our programs are not only able to be reproduced and implemented in any number of new locations, but also to ensure a high level of quality control in the instructors that run our locations. All instructors receive hands on training from one of our masters in their area twice a week. This keeps our instructors sharp, focused, and thoroughly proficient in our wonderful curriculum for all class types and levels. Moreover, as we continue to retain our students, they have the potential to be invited to our Leadership program which is instrumental in helping to groom the next generation of MyDojo instructors. The instructors produced from this program are well embedded into our community and are able to start their time of employment with us from a higher degree of efficiency in our curriculum. Our instructors are also provided print-out files of our curriculum to review before and after training sessions.
In addition to our wonderful marital arts programs, MyDojo also offers seasonal programs such as summer camp, and afterschool. The programs are paid for on a weekly basis and consist of their own scheduled set of events that keep our participants engaged, safe, and nurture an environment of a fun and learning experience. As further means of monetization, MyDojo holds quarterly belt tests for all student eligible to attend or take their exams to qualify for and earn their next respective belt. These belt tests are instrumental in promoting a high rate of retention for existing members which in turn improves our recurring revenues over time.
While the success that we have experienced has been life changing, not only for the MyDojo team, but for our students as well. We are submitting for this funding request as a means to stay ahead of the curve and continue to build up our existing locations by bringing in an even greater number of memberships. This will ultimately help us to successfully continue our efforts in expansion to new locations across an increased number of states. If you choose to grant this funding offer, MyDojo will provide you with a license agreement for one of our prime locations in Maryland. This license agreement would provide you with an entitlement to 35% of the gross earnings from that location for a length of five years. This location has already completed its development stage and is operational. We are currently running promotions to garner new enrollments, and $20,000 of the requested amount would be used explicitly for the marketing and growth of your licensed location to ensure that you begin receiving a return on your investment as soon as possible. If you choose to consider this funding request, we can certainly meet with you to discuss a full marketing plan, as well as guide you through the entirety of our licensing agreement and process.
Ready to Ask For Funding for your company?
Post a Funding Request