Cosmetology School with real estate

Pawtucket, RI (Providence County)

Cosmetology School with real estate

Asking Price:$197,000

Cash Flow:N/A

Gross Revenue:$240,000




Real Estate:$85,000


Cosmetology School with real estate

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Business Description

This truly is a one of a kind opportunity to own one of Rhode Islands distinguished hairdressing and cosmetology schools and real estate...and yes the entire package of school and real estate, which must be sold together is $197,000. The school offers bilingual education with programs in English and Spanish. The school is nicely updated and attractive. The school has full accreditation for programs and scholarships.
With a current enrollment capacity of 25 students there is room for expanding that base with more evening classes.
The school is in the center of a busy city with well known national neighbors.
There is on street parking I have never had trouble on street parking at the school. The school is directly on the major bus route and interstate access is direct and within 2 minutes from the school site.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Updated and attractive school with a formal classroom and clinic area office and reception. The building is part of the package.
Only one of its kind in the area.
Growth & Expansion:
Need a stronger internet presence and advertising the school is well run and bilingual ...some photos of the attractive interior need to be put on line.
Support & Training:
Seller will stay during transition 2 weeks included thereafter will negotiate a consulting agreement
Reason for Selling:
Illness and retirement.

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Rosalind Rossi-Newton

Business Listed By:
Rosalind Rossi-Newton

Hewitt Newton Associates

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