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50 Year Old Beauty And Barber Academy For Sale

Virginia Beach, Virginia, US
Asking Price:
$85,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$89,209
Cash Flow:
Available on request

This 50 year old Cosmetology, Barber and Beauty Academy for sale has a great reputation in the area.

It has an almost 100% pass rate, located in a busy plaza, and has a room for growth.

This is priced at less then it would cost to start from scratch.

There are several revenue sources, from tuition for the classes to become licensed, revenue for performing services for customers and exam prep revenue.

The new owner does not have to be licensed in order to own the business so it allow flexibility in your role in the new business.

There is a huge opportunity for growth to get singed up with VA, which several years ago this business was part of the VA program but is not any longer.

Property Information

Real Estate:

Lease

Lease Terms:

Oct 2025

Leasehold Rent:

$42,000 per annum

Location:

Centrally located in a well known area of town on a major highway.

Premises Details:

Approx 10 booths, 4 wash stations and training area.

Size in square feet:
1,800

Business Operation

Expansion Potential:

Nationally accredited for financial aid for students, apply for VA benefits programs, start advertising (paid, social media and website)

Competition / Market:

There are a few other schools in the area

Reasons for selling:

Retirement

Trading hours:

Mon - Satu 9am - 4pm

Employees:
1
Years established:
50

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Open to some seller financing for a the right buyer

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price