Broward County, FL
$110,000

Broward County, FL
$110,000

Lake Worth, FL
$40,000

Boynton Beach, FL
$295,000

Palm Beach County, FL
$315,000
Miami, FL
$220,000
Orange County, FL
$75,000
Orlando, FL
$49,000
Pinellas County, FL
$89,000
Lee County, FL
$69,000
Tampa, FL
$169,000
Palm Beach County, FL
$350,000
Hillsborough County, FL
$50,000
Coral Springs, FL
$100,000
Brevard County, FL
$30,000
Sarasota, FL
$50,000
Orange County, FL
$190,000
Richard Green
Green & Co. Business Brokers
Serving Sarasota County, FL
The Green & Co. Difference -We don't just list a business for sale and hope a buyer comes along. We actively search for buyers for all of our listings. -We pride ourselves on going above and beyond when communicating with our sellers. One of the biggest complaints that we hear from business owners who have previously listed with another company is that they were listed and never heard from their broker again. We ensure regular and open communication. -We have an extensive buyer database of buyers who are waiting for the right business to come on the market. -We do more than just confidentially market our listings on the popular consumer websites and our central MLS, we use the best marketing tools and methods in the industry. -Confidentiality is king, so we screen and pre-qualify every potential buyer. It is our goal to make the process of either buying a new business or selling your current business as smooth and efficient as possible. We know how important confidentiality is to our sellers and we treat it with the utmost importance. Creating a win-win outcome for all parties involved is what we believe makes or breaks a deal. We use our knowledge and experience in the business industry to your advantage. As a result, our clients always come first. We pride ourselves on being responsive, communicative and hard-working. We have a "whatever it takes" attitude, and that is truly how we approach each and every business transaction that we help with.
Seminole County, FL
$75,000
Orlando, FL
$310,000
Miami, FL
$59,000
Coral Springs, FL
$68,999
Coral Gables, FL
$40,000
Boca Raton, FL
$35,000
Port Saint Lucie, FL
$60,000
Palm Beach County, FL
$300,000
Coral Gables, FL
$35,000
Miami, FL
$55,000
New Port Richey, FL
$55,000
Miami, FL
$77,000
Davie, FL
$120,000
Coral Gables, FL
$54,000
Cooper City, FL
$89,000
Boca Raton, FL
Not Disclosed
Sarasota County, FL
$799,999
Hialeah, FL
Not Disclosed
Doral, FL
Not Disclosed
Hair salons and barber shops are popular businesses bought and sold on BizBuySell. These businesses generally have low costs for new owners, and primarily offer services such as haircuts, coloring, styling, and various hair treatments. They serve as essential community hubs where individuals come to enhance their appearance, relax, and socialize.
If you are in the market to buy or sell a hair salon or barber shop business in Florida, it’s important to get a handle on expected financial performance and valuation metrics in this space. To help provide context, we have aggregated and analyzed listings data from hair salons and barber shops for sale in Florida to surface average financial metrics and business valuation multiples. This can help provide a baseline for evaluating businesses in this market.
Market Overview
|
Number of Businesses Analyzed |
148 |
|
Median Asking Price |
$130,500 |
|
Median Reported Revenue |
$252,698 |
|
Median Reported Earnings |
$70,087 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Florida Hair Salon & Barber Shop Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.39 |
1.29 |
|
Median |
0.54 |
1.88 |
|
Upper Quartile |
0.85 |
2.66 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Hair Salon & Barber Shop Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a barber shop or hair salon in Florida?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in Florida is approximately $130,500.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners in Florida report median annual sales of $252,698 annual owner earnings of $70,087. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a barber shop or hair salon business?
Valuing a business involves considering several factors, including annual revenue, profit, growth (or decline) trends, and historical stability. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples of hair salon and barber shops for sale in Florida range from 0.39 to 0.85, with the median at 0.54. Earnings multiples range from 1.29 to 2.66, with the median at 1.88. These values suggest the average barber shop or hair salon business in Florida may sell for around 0.54 times its annual revenue, and 1.88 times its annual owner’s earnings.
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