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Listing ID: 2959368

Franchise Beauty School w/ Federal Financial Aid For Sale

Bay Area, California, United States

$ 2,500,000

(Inventory / Stock included)

Revenue: $ 2,200,519

Cash Flow: $ 408,128

Business Description

This full-service franchise beauty school is located in a busy Bay Area mall. It has a current enrollment of over 120 students and is one of the top performers nationwide in its franchise network. Established in 2010, it offers cosmetology, esthetics and make up programs. It has a onsite beauty salon where supervised students can practice on clients. It has the hard to get Title IV accreditation and is qualified to offer federally-backed student loans. The price includes $1.5MM accounts receivables, primarily from the federal government, and accounts payable of $200K. Revenue has been trending up for the past three years. SBA loan pre-approved. Ref# 8632

Property Details

Size:

8315 sq ft

Years Established:

2010

Property Type:

Lease

Inventory Value:

$ 3,000

Other Details

Business Location:

busy mall

Operation Details

Employees:

11 FT 11 PT

Trading Hours:

Tue,Thu: 9:30-9:30, Wed: 10-5, Fri: 9-5 Sat: 10:45-6. Sun : closed

Support & Training:

3 weeks

Miscellaneous

Reason For Selling:

Investing partners pursuing other opportunites

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