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Beauty & Wellness School For Sale for sale in FL

Florida (FL)

Asking Price: Gross: Cash Flow:
$ 6,200,000 $ 4,000,000 $ 2,000,000

Business Summary:
In business for 25 years and operated by the current owner for the last 13 years this company operates as a nationally accredited and fully licensed post secondary school specializing in educational courses in beauty, wellness and allied health sectors that include the fields of cosmetology, skincare, laser hair removal, barbering, electrolysis, massage therapy, paramedical esthetician, spa therapist, nail technology, permanent make up, extreme lashes, microdermabrasion, master fitness coach, personal trainer and more.The company has been listed for the last two years as one of Inc's fastest-growing companies in America. Revenue increased over 60% from $1.9 million in 2013 to approximately $3.1 million in 2015 and is on track to generate close to $4 million in revenue in 2016. Company employs 25 full-time personnel and some part-time personnel on a per demand basis.The company has a superior industry reputation, two strategic locations, highly trained and experienced instructors, high-level management in place, all appropriate certifications and accreditations, excellent industry partnerships and the highest possible US Department of education Composite score. Company has approximately 200 concurrent students and approximately 1000 students per year. In late 2015 the companies Title IV PELL Eligible programs increased from 3 to 9. With the high cost of college education post secondary schools are experiencing tremendous popularity. This is a superior growth industry with plenty of room for additional expansion. This company is well positioned in all facets for on-going revenue growth. This is truly a unique and exclusive acquisition opportunity. The owner of this business will handle the transaction personally. No brokers please.

 

   
Year Business was Established: 1991
   
Number of Employees: 25  
   
Facilities / Terms of Lease: Multiple leases. Total of 17,000 sq ft.  
   
Potential Growth/Expansion: There are numerous ways to expand this company and expand its revenue. Growth has been tremendous in the last three years and can continue in a similar direction. Current owner will detail a number of strategies to continue the excellent growth that he is currently experiencing.  
   
Competition: There is competition in the marketplace however with 25 years in business this company has a solid platform and is a well known and respected leader in its market.  
   
Owner willing to train: Owner is willing to stay on and train new owner  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm573756929
BusinessMart.com Listing Number: 200297
 

 

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