Established Cosmetology, Barber and Beauty Academy For Sale
Southside Hampton Roads
This 50 year old Cosmetology, Barber and Beauty Academy for sale has a great reputation in the area.   It has an almost 100% pass rate, located in a busy plaza, and has a room for growth.   This is priced at less then it would cost to start from scratch.   There are several revenue sources, from tuition for the classes to become licensed, revenue for performing services for customers and exam prep revenue.  The new owner does not have to be licensed in order to own the business so it allow flexibility in your role in the new business. There is a huge opportunity for growth to get singed up with VA, which several years ago this business was part of the VA program but is not any longer. 

Número de listado:

22920

Categoría:

Beauty

Ubicación:

Southside Hampton Roads
$85,000

Información financiera:

Ingresos brutos:

$89,209

Precio listado:

$85,000

Depósito:

$0

Ingresos totales:

$0

Año Establecido:

1969

Información de arrendamiento:

Pies cuadrados:

1800

Renta total:

$3,500

Vencimiento del arrendamiento:

10/2025

Opciones de arrendamiento:

N/A

Información de activos:

Mejoras arrendatarias:

$50,000

Equipos / Accesorios:

$25,000

Inventario:

$1,000

Otros activos:

Curriculum can be used by new owner for license

Información adicional:

Empleados de tiempo completo:

Empleados de tiempo completo

Empleados a tiempo parcial:

0

Licencia especial requerida:

License to operate as a school and clinic license (shop)

Personal contratado:

0

Periodo de entrenamiento:

2 weeks

Razón de venta:

Retirement

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Timothy Johnson
Office: (757) 866-2321 | Cell: (757) 741-8797
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Established Cosmetology, Barber and Beauty Academy For Sale
Southside Hampton Roads

Listing Number:

22920

Category:

Beauty

Location:

Southside Hampton Roads

Listed Price:

$85,000
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell: (757) 741-8797
License #:
This 50 year old Cosmetology, Barber and Beauty Academy for sale has a great reputation in the area.   It has an almost 100% pass rate, located in a busy plaza, and has a room for growth.   This is priced at less then it would cost to start from scratch.   There are several revenue sources, from tuition for the classes to become licensed, revenue for performing services for customers and exam prep revenue.  The new owner does not have to be licensed in order to own the business so it allow flexibility in your role in the new business. There is a huge opportunity for growth to get singed up with VA, which several years ago this business was part of the VA program but is not any longer. 

Financial Information

Gross Revenue:

$89,209

Listed Price:

$85,000

Down Payment:

$0

Total Income:

$0

Year Established:

1969

Lease Information

Square Feet:

1800

Total Rent:

$3,500

Lease Expiration:

10/2025

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$25,000

Inventory:

$1,000

Other Assets:

Curriculum can be used by new owner for license

Additional Information

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

License to operate as a school and clinic license (shop)

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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