Professional Beauty School And Salon
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $254153
Net Profit / Cash Flow $130392
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1992
Number of Employees 1 - 3
Inventory 168000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable as required by purchaser.
Reason for Sale Pursue other interests.
Description This conveniently-located beauty salon started in business in 1992. The current owners purchased it in 2000 and started the beauty school in 2004. They received their state certification and accreditation 2010 which allowed their students to begin receiving government loans and grants. The accreditation provided the school with a great increase in revenues. Each student pays $18,000 per school term which provides them with a complete education in this profession. The salon portion of the business is also included in the sale. Ten per cent of revenues are from salon services provided and Ninety per cent of revenues are from student enrollment.
The school and salon began providing services in 1992 and have now grown significantly to where it is today.
There are three management staff members. The students are not classified as employees
Excellent growth and profit potential by increasing advertising and a better public relations program.
Asking Price is $405,900 and the SDE is $130,392. Cally Larry Blevins at (719) 635-8133.
Click Here To Contact Seller
|
|