Barber Shop School and Training Center
Off-MarketPenacook, NH
Barber Shop School
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$350,000
$250,000
71.4%
2006
Past Month
Customers
Aspiring barbers who are looking to become certified. The school follows a 1500-hour program, typically lasting 10 to 12 months. The school maintains a maximum capacity of 12 students by design, though legally allowed to have 40 students.
Customer Acquisition
The school relies entirely on word of mouth and reputation, with no active marketing efforts.
Team
No employees.
Owner's Role
He and his wife are the only employees and barber school teachers at the school. They run the business together. The wife is open to staying on board for a 1-2 year transition period with a new owner.
Reason for Selling
The owner is turning 62 and is looking to slow down.
Contracts
No contracts. Tuition is typically paid half upfront and half upon completion.
Real Estate
The school is located in a building that is owned, approximately 3,500 square feet, with a tax assessment value of $864,000. The owner is open to offering the building for sale or lease as part of the transaction.
When Are You Looking to Sell
ASAP
Licenses Required
A licensed barber school instructor license is required to teach, which involves being a licensed barber first. Instructors must complete a 1,000-hour course and pass a state exam to obtain the teaching license.
Additional Notes
Tuition ranges from $5,000 to $24,000 depending on the program level. Students are typically cycled through two groups of 12 per year in the shorter six-month program.
Business ID: 1947
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