OFF-MARKET ‘Q4 2022
Flourishing Beauty School for Sale
Waterbury, CT (New Haven County)
Asking Price: Best Possible Offer
Cash Flow: $243,573
Gross Revenue: $455,078
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 2009
Employees: 6
Business Description:
Unlock the potential of the beauty education industry with this remarkable School founded on a legacy of expertise. Boasting an accomplished Founder with a stellar track record in beauty education, this School is a beacon of credibility in the field.
Prepare for substantial growth as ambitious plans unfold to establish 14 new satellite locations, reaching diverse markets, including prisons and halfway houses. Embrace innovation with cutting-edge programs like Lash Classes and upcoming Barbering and Cosmetology offerings in correctional facilities, all designed to fuel revenue growth.
What sets this Beauty School apart is its status as one of just seven Title IV schools in Connecticut offering financial aid, making it a magnet for aspiring beauty professionals with financial aspirations. If you’re seeking a thriving business opportunity that blends tradition with innovation, experience with expansion, and financial aid accessibility, don’t miss out. Inquire today and become a part of this legacy!
*NDA is required {SUBMIT BELOW} to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
The facility comprises 4,462 square feet and offers a clinic upon entry, which includes various offices such as the Instructors’ office, Owners’ Office, Financial Aid office, and a spacious conference room.
Additionally, it features specialized classrooms, including the Cosmetology/Barber classroom, Eyelash/Esthetics Practical Classroom, Nail Technology Classroom, and an Esthetics private room with one facial bed. There is also a private Wax room with one Facial bed, a dedicated lunchroom, a dispensary, a stockroom, and two unisex restrooms, one of which is ADA-compliant, ensuring accessibility throughout the school.
Competition:
Several competitors have shuttered their operations due to their inability to meet accreditation requirements, resulting in the loss of their Title IV accreditation. In contrast, this School currently maintains its accreditation, with four years remaining before the next renewal.
Growth & Expansion:
To stimulate growth and broaden the Company’s horizons, prioritize the expansion of the licensing course offerings.
Financing:
TBD if the structure and terms are acceptable.
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms.
Reason for Selling:
The Seller is ready to retire.
OFF-MARKET-Flourishing Beauty School For Sale
