FRANCHISE BEAUTY SCHOOL W/ FEDERAL FINANCIAL AID

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Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8632 - Franchises

Location:
Northern California - South Bay

FRANCHISE BEAUTY SCHOOL W/ FEDERAL FINANCIAL AID

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 pre-approved! Ref# 8632


Asking Price: $2,500,000


Inventory (included):
$3,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

6 Months Ended

6/30/2019

$1,486,912
(Sales)

$265,103
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$2,451,433
(Sales)

$168,426
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$2,200,519
(Sales)

$410,937
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$1,927,912
(Sales)

$274,555
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 11 11
Owners 1 0

Hours of Operation
Tue,Thu: 9:30-9:30, Wed: 10-5, Fri: 9-5 Sat: 10:45-6. Mon: 9-5 office only. Sun : closed

Licenses Required:

  • seller's permit
  • establishment of cosmetology
  • Federal financial aid

Lease

Monthly Rent Including NNN:
$32,929

Expires:
5/31/27

Option:
No

Size(sq.ft.):
8,315

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Investing partners pursuing other opportunities

Training:
3 weeks 40 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Gardena: (714) 987-6147
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 327-2700
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.