Cosmetology Accredited School

Cuyahoga County, OH

Seller Financing Available
Cosmetology School

Asking Price:$395,000

Cash Flow:$170,000

Gross Revenue:$682,500

EBITDA:$93,300

FF&E:$67,500

Inventory:$22,000*

Rate/Sq. Ft.:N/A

Established:2006

*not included in asking price.

Cosmetology Accredited School

Get Financing Save Print Share Valuation Report

Business Description

School of Cosmetology offers 2 prime location both for student and clients; offering student education and financial assistance. This School of Cosmetology meets the requirements of NACCAS Standard VII; meets the requirements set forth by the U.S. Department of Education in accordance with Section 34 in the Code of Federal Regulations Part 668.171 (b)(1), or the successor regulation. School of Cosmetology offers 2 prime location both for student and clients; offering student education and financial assistance. Buyer doesn't necessarily require a background in cosmetology to own and operate these schools. Excellent opportunity with this turnkey beauty school. Existing student enrollment and large client database of repeat clients to service. Business has been Bank pre-approve loan to qualified buyers with 20% down payment.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 Locations. 1st, Main Campus = 4800 Sq. Ft. with 3 classrooms, clinic with 20 individual stations, facial room, spa area. Large presentation/assembly area with stage and A/V, Computer Lab, lockers, 2 offices, 3 restrooms, and break room, laundry and storage area in busy shopping center. 2nd Location = 7200 Sq. Ft. with newly built modern addition. 4 classrooms, 2 large clinic areas with 32 individual stations and room for expansion. 2 Facial rooms, mani/pedi room. Large presentation/assembly area with stage. Computer Lab, lockers, 2 offices, 3 restrooms, break room, laundry and storage area. Excellent lease terms at both facilities.
Competition:
This School of cosmetology is a competitive industry, but this business separates itself from the competition by providing excellent services and convenient locations. Offering
Growth & Expansion:
The prospective buyer will have to determine the growth and expansion Pros and Cons through its own due diligence. The information presented was from sources deemed reliable, but the prospective buyer should provide its own degree of care that a prudent person would exercise.
Support & Training:
Established school with 2 accredited locations. Seller will provide strong transitional support with side by side, hands on daily management with new owner to insure that the new owners feel totally comfortable with operation of the Schools business. Whatever buyer feels necessary can be arranged. We have detailed Operations Manual and computer programs for turnkey operations.
Reason for Selling:
To pursue other interest
Business Website:
http://bsnbuysell.com

Listing Statistics for Premium Members

Ad#:1301713 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Rick Farina Jr.

Business Listed By:
Rick Farina Jr.

Business Solutions Network

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Sport Clips

Franchise Opportunity In OH
Capital Required: $158,300