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Asking Price$205,000
Revenue$588,000 Established2008
Cash Flow$65,000 Employees16 full, 4 part
FF&E$68,000* FranchiseYes
Inventory$57,000* RelocatableYes
Real Estate$0* Home-basedNo
* Included in Asking Price
HISTORY:

Image Xprezzion Barber College located in Oakland County, Oak Park, Michigan was established to support project such as second chance and provide skilled trade training to incarcerated after release. This saves the State about $38,000.00 a year per inmate while investing just $15,000.00 for the completion of the program. Upon graduation, the candidate will be fully self-employed earning between $1000 and $2500.00 per week, able to pay taxes and take care of family. Also, being engaged in self-employment will deter unlawful activity that may result to prison. The barbers who are entering the workforce today are usually coming out of tough situations, whether it be a minimum wage job with no professional training, dropping out of high school, reentering the community following incarceration, or something else entirely. While they have been trained to properly cut hair, they lack the customer service, money management, and business growth skills barbershops need to be successful.

Image Xprezzion Barbershop saw this problem unfold first hand and decided to solve it with a school of its own: the Image Xprezzion Barber College.


VISION
Our vision is that every offender released from prison will have the tools needed to succeed in the community and the opportunity to utilize those tools to be employed/self-employed, productive, self-sufficient citizens.

MISSION

Our Mission is to reduce crime by implementing a seamless plan of services, supervision, skilled training and opportunities developed with each offender and delivered through state, regional and national collaboration with the goal of obtaining employment and self-sufficiency.
The mission is accomplished by providing skilled trade training to meet the identified needs of returning offenders, thereby reducing their risk of recidivism and enhancing their employment opportunities. This also saves tax payers, the State and County countless costs up to $38,000.00/inmate in housing the offenders.

This program is an open opportunity not just to Life Beyond Prison but to all those seeking self employment, four year college alternative, Veterans and Vocational Training..

The ground work is complete, the program is in progress but seeking partnership/Investors or outright buyer.

Partnership:  Hands on
Investors - Any (Silent/Hands on)
Buyer: - launch support
Facilities:The facility is leased located in the Strip Mall with heavy traffic businesses in the surrounding, such as Fedex, Tax Office, Starbuck, T-Mobile, Deli, Motor City Soul Food and other Take out eatery. The five year goal is to move to a larger building own by the business. Facility protected by cameras linked to the local and state observatory centers..
Competition:There is no competition in the area, the only such a business in Oakland County. Image Xprezzion Barber College is very unique.
Growth Potential:At Image Xprezzion Barber College, we have a simple motto: Education is a powerful tool for achieving equality, prosperity, and success. This innovative program trains a diverse group of men and women in the art of grooming and barbering, as well as business and customer service. The Senate overwhelmingly approved wide-ranging legislation Thursday that is aimed at keeping the 100,000 Michigan criminals who are under supervision in the state from breaking the law again, an initiative that backers said would make communities safer and save money. Proposals include limiting the length of incarceration for offenders who violate their probation and creating a more intensive parole program — an approach that supporters said is smarter and cheaper than automatically returning offenders to prison when they they misstep, which costs an average of $34,000 a year per inmate. Senators also voted to officially define what recidivism means and to require the Michigan Department of Corrections to house prisoners ages 18 to 22 together instead of with older inmates. Another measure calls for the state to pay up to $7,200 a year to employers who hire people on probation or parole.
Training/Support:Support available upon request
Seller Financing:WILL DISCUSS
Sale Reason:Owner relocating/retiring
Ad #44871
Seller Reference #44871
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Michael Abiodun
(248) 677-3767
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