Profile No.CB-0689, Professional Beauty School
| Profile No. CB-0689 |
Professional Beauty School |
| NAICS or Sic Code: 611511 |
Industry: Cosmetolgy and Barber Schools |
| Gross Sales: $254,153 |
Sellers Discretionary Earnings: $130,392 |
| Value of Assets Included: $168,000 |
Inventory Included: |
| Asking Price: $405,900 |
National Business Brokers businesses for sale.
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 is excellent growth and profit potential by increasing advertising and a better public relations program.
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