Cosmetology School with Newer Equipment and Salon

Yucca Valley, CA
San Bernardino County


Asking Price: Annual Revenue:
$899,000 $1,132,576

Services: Education & Training


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RE: Cosmetology School with Newer Equipment and Salon Broker: LeeAnn Schumacher

Quick Facts

Asking Price: $899,000
Annual Revenue: $1,132,576
Net Profit: Not Disclosed
Cash Flow: $342,960
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 15
BBN Listing #: 711355367
Broker Reference #: 86808-893424

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Business Overview:

Currently catering to VA, Military and other students, this 5600 sq ft beauty school features accredited programs in cosmetology, barbering and esthetician. Location is ideal for surrounding bases and close enough to adjacent valley's and community college. With 100+ students, this is a top rated school with 10+ instructors. The school was remodeled 3 years ago and features a salon-type feel,. The school accepts financial aid and VA funding for qualified military and their families. They hold a Title IV Accreditation through NACCAS and are also VA Accredited. Current pricing does not include Title IV Accreditation. For $1.4M, A/R and Title IV will be included. Please call agent for details

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Property Features and Assets:

Maurice DiVirgilio and Jodi Hussey purchased Elite School in 2012 and combined their unique talents to improve the caliber of students graduating with state licenses in the fields of Cosmetology, Barbering or Esthetician. Maurice was once a marine at 29 Palms Marine Corps Base and had a vision of owning a business and becoming an operational leader. Jodi grew up in the cosmetology industry and has always worked and owned various salons, then became fully licensed. With combined experience, Maurice and Jodi took the school from 30 students and turned it into 100+ students within the first year. They initially brought in Redkin products, formed a relationship and Redkin and ended up building a complimentary color bar at the school. For the love of teaching and helping the community, they have both been an influence in Yucca Valley. The school accepts financial aid and VA funding for qualified military and their families. They hold a Title IV Accreditation through NACCAS and are also VA Accredited.

Market Competition and Expansion:

Add more programs such as massage therapy, lashes/extensions, manicure/pedicure, permanent make-up, to name a few. 6,000 square feet is currently available next door for expansion. Current space was renovated 3 years ago, an advantage to any new Owner. There is plenty of parking to expand.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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