Businesses For Sale > Business For Sale in Ocala, Florida (FL)
Turn Key Cosmetology School for sale in Ocala, FL
Ocala, Florida (FL)
Asking Price: |
Gross: |
Cash Flow: |
$ 50,000 |
$ 55,000 |
Undisclosed |
Furniture and Fixtures Value:
$ 7,500 (included in the asking price)
Inventory Value:
$ 3,000 (included in the asking price)
Business Summary:
Local family owned and operated licensed cosmetology school offering Cosmetology, Nail Specialty, and Facial Specialty programs. Have you always dreamed of owning a cosmetology school? Are you a Cosmetologist, Esthetician or Nail Technician who would like to continue serving your current clientele while earning additional revenues through tuition and by offering student services to the public? Well, here is your chance! This is a wonderful turn-key opportunity for anyone working or interested in the beauty industry! Licensed through Florida DBPR/Commission for Independent Education. Serious inquiries only!
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Year
Business was Established: 1993 |
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Number of Employees:
1FT/2 PT |
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Facilities / Terms of Lease:
Facility rent is currently $850.00 per month. Terms of lease: month-to-month |
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Potential
Growth/Expansion:
There is a great deal of money to be made at this school through untapped resources. Because it has been in existence for so many years, it meets criteria for pursuing accreditation. Accreditation in this industry is unnecessary with regard to the quality of the education or validity of licensure. Its only relevance is with regard to making the school eligible to accept federal grant and loan monies. And, it may be advantageous for the new owner to pursue this option. Once accredited, your students will be able to obtain these grants and loans to help with tuition, making it possible for you to substantially raise tuition rates. Tuition rates are currently rather low in comparison to surrounding schools that are able to take advantage of federal grants and loans. As a matter of fact, many schools charge more than double and even triple our school’s tuition rates. Even still, should the new owner choose not to pursue accreditation, there is still a great deal of opportunity to increase the school’s income. The owner has done virtually NO advertising and has managed to make a pretty good profit over the years. So, a focus on advertising, at least initially, could make an incredible difference in earned revenues. That’s not all. If you are a beauty professional, you will have the opportunity to continue to work on your current clientele while teaching. Your students need that kind of instruction and observation—the kind that provides them with very real client interaction so they can benefit from the understanding of , not only service technique, but how to communicate professionally with clients from the greeting to the farewell. So, in addition to tuition and service revenue, you will receive personal income for services you provide. Because the owner has always had more of an interest in administration with regard to the school, she has never taken advantage of the income she could have made by obtaining accreditation and/or providing services to a clientele. |
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Competition:
There is one competitor in Marion County, a public cosmetology school. |
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Owner
willing to finance:
No |
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Owner
willing to train:
Yes |
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Reason for selling:
Other interests |
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Seller Reference Number: bm441005812
BusinessMart.com Listing Number: 189492 |
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To request more information
on this business
please fill out the form shown right
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