Description

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. This school will sell fast!!

Highlights:

* Profitable Canadian Career College in a growing market.
* Nationally Recognized Brand in cosmetology training industry.
* High Demand Job-Oriented Training Programs, Certificates, & Diplomas in cosmetology industry.
* Remarkable 100% Employment Rate for graduates.
* Consistent Profits with revenue averaging +$400K, EBITDA of $135K, & 35% margins.
* Profitable Business Expansion Plan forecast to double profits over 5 years.
* Consistently Maintaining Accreditation & ITA approved Red Seal Training Program(s).
* Students Eligible For Financial Aid under coveted Student Aid Funding.
* Turnkey Management Team In Place to support operations & transition.
* Modern & Spacious Campus allowing further room for growth.
* Positioned To Maximize Profits & growth for new ownership.

Posted Jun 3, 2016

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