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Profitable Canadian Cosmetology School For Sale
Location: Canada -> British Columbia
Industry: Educational > Schools




Business Summary

Our client owns & operates a Canadian Accredited Cosmetology Career College that has been a trusted institution in its market for a decade & nationally recognized brand in the cosmetology training industry. It is provincially registered & accredited & provides job-oriented certificates & diplomas in a number of high demand training programs in the cosmetology sector. Students are eligible for financial aid under the coveted provincial funding program. The school's provincial accreditation & student financial aid provide new ownership an opportunity for immediate access to the Canadian career college market and flexibility for additional program development & campus relocation. It achieved provisionary ITA designation with full designation scheduled later in 2016. ITA-approved industry training Red Seal Programs are in place with program registration awaiting PCTIA approval. Presently a Barbering Program is in development to meet growing market demand. Supplementary workshops for professional stylists have been developed & ready for launch in Fall 2016. Currently 6 programs are registered with 3 additional Red Seal Foundations Level 1 & 2 programs pending approval. The school boasts a remarkable 100% employment rate for graduates. With high demand for a hair styling school in its regional market, ownership has developed a business plan to leverage demand to double profits over the next 5 years. It has consistent profits & conservatively projected to reach +$400,000 revenue, EBITDA of $160,000, & 35% margins in 2017, demonstrating reliable & stable profits year-on-year. Overall, their school is in amazing shape for medium- & long-term growth & profitability. The school's accreditation & student financial aid provides new ownership immediate access to the provincial career college market with flexibility for additional program development & campus relocation or expansion. The school is positioned to maximize profits & revenue growth for new owners.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $400,000
Cash Flow:   $135,000
Cash Flow Type:  EBITDA
Inventory:  $55,000
Seller Financing:  No

About The Business

Year Established:  2005
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  NA




Print Listing Id: 700261904
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Related Searches: Day Care Centers  >  Schools  >  Seminars  >  Test Preparation  >  Other Educational  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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