Cosmetology School Accredited, Title IV in good standing

MD

Cosmetology School Accredited, Title IV in good standing

Asking Price:$550,000

Cash Flow:$202,000

Gross Revenue:$630,000

EBITDA:N/A

FF&E:$200,000

Inventory:$5,000

Rate/Sq. Ft.:N/A

Established:N/A

Cosmetology School Accredited, Title IV in good standing

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Business Description

Everything is in place to take over this turnkey cosmetology school with a strong student enrollment and large client database of repeat retail service clients.

This school has been preparing students for careers in hair styling, cosmetology, and manicure for over 20 years and is approved for all forms of student financial aid. The school is fully accredited and in good standing with NACCAS, The Maryland Higher Education Commission, and has recently been re-approved by the Department of Education through December 31st, 2021!

The business has meticulously maintained records, a populous and growing location, solid management, experienced instructors and a very robust.retail service business. In addition, the premises has the capacity to more than double the current student enrollment without the need for additional space.

The school can easily add additional programs and has identified one in particular that they believe would more than double enrollment and provide geographical exclusivity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
5 FT & 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
PRE-QUALIFIED for SBA Financing with $125K down.
Reason for Selling:
Sellers are pursuing an opportunity in tech industry with national potential

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John Gibson

Business Listed By:
John Gibson

Corporate Investment

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Sponsoring Broker:
Arnold Heckman

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