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Listed by:

ProNova Partners

Broker license number: 01820673

Flourishing Beauty School In Waterbury For Sale

Waterbury, Connecticut, US
Asking Price:
On request
Sales Revenue:
$455,078
Cash Flow:
$243,573

Unlock the potential of the beauty education industry with this remarkable School founded on a legacy of expertise. Boasting an accomplished Founder with a stellar track record in beauty education, this School is a beacon of credibility in the field.

Prepare for substantial growth as ambitious plans unfold to establish 14 new satellite locations, reaching diverse markets, including prisons and halfway houses. Embrace innovation with cutting-edge programs like Lash Classes and upcoming Barbering and Cosmetology offerings in correctional facilities, all designed to fuel revenue growth.

What sets this Beauty School apart is its status as one of just seven Title IV schools in Connecticut offering financial aid, making it a magnet for aspiring beauty professionals with financial aspirations. If you're seeking a thriving business opportunity that blends tradition with innovation, experience with expansion, and financial aid accessibility, don't miss out. Inquire today and become a part of this legacy!

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

Facilities: The facility comprises 4,462 square feet and offers a clinic upon entry, which includes various offices such as the Instructors' office, Owners' Office, Financial Aid office, and a spacious conference room.

Additionally, it features specialized classrooms, including the Cosmetology/Barber classroom, Eyelash/Esthetics Practical Classroom, Nail Technology Classroom, and an Esthetics private room with one facial bed.

There is also a private Wax room with one Facial bed, a dedicated lunchroom, a dispensary, a stockroom, and two unisex restrooms, one of which is ADA-compliant, ensuring accessibility throughout the school.

Business Operation

Expansion Potential:

To stimulate growth and broaden the Company's horizons, prioritize the expansion of the licensing course offerings.

Competition / Market:

Several competitors have shuttered their operations due to their inability to meet accreditation requirements, resulting in the loss of their Title IV accreditation. In contrast, this School currently maintains its accreditation, with four years remaining before the next renewal.

Reasons for selling:

The Seller is ready to retire.

Employees:
6
Years established:
2009

Other Information

Support & training:

To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms.

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

TBD if the structure and terms are acceptable.

Listed by

ProNova Partners

Broker license number: 01820673