Growing Beauty Institute in Tennessee

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Well Established
Asking Price:
$675,000

Gross Revenue:
$755,127
Cash Flow:
$222,676
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

They started operations in 2011 and has authorization and licensing from the state of Tennessee. The school has national accreditation along with approval from the US Department of Education to offer Title IV to their students. This institute offers a full cosmetology program that starts new classes each month that last 12 months for full-time students and 16 months for part-time students. The school has two full-time employees. One full time employee handles admissions and financial aid and the other is an instructor that also manages part time staff and school operations. They also employ five part-time employees that teach the remaining classes. The owner works from home on maintaining accreditation, somewhat absentee. They operate out of a beautiful 5,600 sq. ft. facility that was custom built for the school.

About the Business

Location:
Tennessee
Year Established:
2011
Number of Employees:
7
Real Estate:
Owned
Facilities:
The owner rents a large section of a facility. They operate out of 5,600 sq. ft. with a lease that runs until late 2024. They also have an option to purchase the building.
Market Outlook/
Competition:
There is very little competition in the area. This is a unique and niche market.
Growth & Expansion:
There is great growth potential for this school. Located in a rapidly growing market, the need for these types of services/degrees is constantly increasing. They currently do very little marketing and the current owner has a plan for expansion for a new owner.
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About the Sale

Reason For Selling:
Personal Health
Training/Support:
Owner will stay and help train and transition a new owner for a negotiated amount of time after closing at no charge.

Listing Info

ID:
1669828
Ad Detail Views:
0

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Business Listed by

Grant Brasher

Alliant Capital Advisors LLC

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Sponsoring Broker:

Bill Marrero
Alliant Capital Advisors LLC


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