Growing, High Profit Vocational School in Upstate SC
Location: South Carolina > Greenville County > Upstate, SC
Industry: Hair and Beauty > Other Hair and Beauty
Financials
Asking Price: $995,000
Gross Revenue: $309,000
Cash Flow: $258,000
Inventory: (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Real Estate: (Included in Asking Price)
Business Summary
This dynamic vocational school is already a cash cow for the present owner, and has the potential to exceed one million dollars in profit over the next three years! The owner is presently absentee, to the point that some employees and students do not know who the owner is. The business serves a growing niche that in Upstate South Carolina, and the pricing is well below competitive vocational schools in the area. The business recently began accepting SallieMae financing, and this is causing profits to rise and revenues to grow.

The business serves students who desire this specialized trained in a rapidly growing industry. Furthermore, the school allows students to transfer credits from other schools, and allows students ot work at their own pace; these practices are unique to the industry. The school offers evening classes to students who are working during the daytime.

The owner has done little advertising; most students and customers come in by word of mouth. The owner has other business and ministry goals, and is selling to pursue them.
About the Business
Year Established: 2002
Employees: 3 full time - 2 part time
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Owner Has Other Interests

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Listing Tools
BizQuest ID:895651
Seller ID:VS 80304
Business Listed By
Name:Alan Melton, CBI, CBB
Company:Empire Business Brokers of Greenville-Spartanburg
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