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For Sale: Beauty College - Fully Accredited - Los Angeles County, California

$2,000,000.00

Asking Price

Description

This is a profitable beauty college that has been operating since 2007. The company is accredited (NACCAS) and is approved to participate in the Student Financial Assistance programs under Title IV of Higher Education. Real estate is also available for sale. Organized in 2007 by the seller, they have been operating this proprietary and profitable school that offers beauty, barber, manicure and esthetician programs to students in the Los Angeles area.

Courses are short from 3 months to 9 months and financial aid programs are accessible. This institute offers hybrid courses from online to in-person and hands-on it making it easier for a wide variety of potential students to find a program that will suit their needs.

2023 gross sales are going strong! The 2022 adjusted net was in the $550K+/ range. Audited financials are available.

The mission is to provide the student with the education necessary to pass the state-required licensing exams, also to be successful in the profession chosen, and become employable in the selected field of study. The institution emphasizes how to be successful in the chosen field of study and how to potentially create the lifestyle that the student desires.

These types of institutions have historically been lucrative businesses with many possible growth opportunities. Providing that the school's record is clean with the government agencies the sky seems to be the limit when it comes to opening many satellite schools or accepting as many students as desired. Typically, financial aid programs pay upfront before each semester which helps to ensure positive cash flow.

This school has a very clean record with no findings or penalties, They once again have recently passed the accreditation visit and audit with flying colors for 2023.

Real estate: lease is available or real estate is for purchase possible with a separate asking price of $13,900,000.

Excellent audited books and records will be available to those who complete and return the NDA package. SBA pre-qualified, loan possible for qualified buyer.

To get more information about this Beauty College - Fully Accredited business for sale in Los Angeles County please phone Brenda Bernhard,LCBB (Broker - BRE License #:01211778) at 818-321-6456 Cell and 818-321-6456 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #279642 on BizBen.com. In addition to phoning Brenda Bernhard,LCBB, make sure you email Brenda Bernhard,LCBB above to get more info about this Beauty College - Fully Accredited, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01211778. Strong Business Advisors.

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Contact

  1. Name: Brenda Bernhard,LCBB
  2. phone iconPhone: 818-321-6456 Cell
  3. phone iconPhone: 818-321-6456

Details

  1. Asking Price: $2,000,000.00

  2. Down: Call/Email

  3. Cash Flow: $550,000.00

  4. Revenue:    $1,520,849.00

  1. Area: Los Angeles County

  2. City: None Given

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportRelocatableReal Estate AvailableSBA Loan Pre-Qualified

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Email Brenda Bernhard,LCBB Below About This Posting


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