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Details - Information last confirmed on June 23, 2021
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!!
* 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.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.