Title IV Cosmetology/Barber School

Garland, TX (Dallas County) (Relocatable)

Title IV Cosmetology/Barber School
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Asking Price: $350,000

Cash Flow: $25,000

Gross Revenue: $375,000

EBITDA: $100,000

FF&E: N/A

Inventory: N/A

Rent: $7,200 /Month

Established: 1969

Title IV Cosmetology/Barber School

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Business Description

After 50 years of operations in DFW, we are looking to sell our school and retire.
The accredited cosmetology school is situated in a 5,500 sq. ft building and offers courses in cosmetology, esthetician, nail technology, eyelash extension specialty, esthetician-nail technology (1200 hour combo), and instructor. The Program Participation Agreement with the Department of Education qualifies us for Pell Grants and Federal Loans.
The newly-built barber school is located next door in a 2,000 sq. ft building and offers courses in barber, barber technician, nail technology, barber crossover, and instructor.

There is an additional massage school that can be negotiated into the package.

The opportunities that a new owner can bring to the institution include offering Federal Loans to cosmetology students and applying for accreditation for the barber school. There is an opportunity to merge the barber & massage school into the cosmetology school to gain accreditation, thus making the barber & massage available for Title IV. If your school is not accredited, you can gain further accreditation through “additional location”.

Attached Documents


Detailed Information

Location:
Garland, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
8
Facilities:
See Summary
Competition:
Nearby schools are all cash schools that do not offer financial aid.
Growth & Expansion:
See Summary. Massage school also available for discussion
Financing:
We have a national lender ready to approve of loan. Asking Price Negotiable.
Support & Training:
Prefer those with experience in education and/or beauty industry. Director will stay to train. Length of time to be agreed upon.
Reason for Selling:
Retiring / Moving Out of State
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Business Listed By:
Amy Wilderly

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