Long Branch, NJ
in the shopping mall, a lot of parking space. neighbors are restaurant, convivence store, bakery, liquor store, pharmacy, Gym, hamburger store, ice cream, pizza restaurant, and hair and nail salon....
$170,000

Long Branch, NJ

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Alpesh Jayswal
Transworld Business Advisors of St. Charles
Serving Kane County, IL
As a Managing Broker with Transworld Business Advisors, we help our clients buy and sell businesses every day. Every broker that is part of our team completes a full business brokerage training course and certification program. We understand that the task of buying or selling a business can be overwhelming without the proper guidance and skills. Over the years, we have helped many companies around the world with the buying and selling process ensuring our client’s confidentiality every step of the way. Our goal is to make the process as smooth as possible for both sides by relying on our global network of experienced business advisors.
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| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 423 |
| Asking Price | $175,000 |
| Reported Revenue | $309,127 |
| Reported Seller's Discretionary Earnings | $88,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $97,900 | $175,000 | $350,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Hair Salons and Barber Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $157,174 | $56,000 |
| Median | $309,127 | $88,000 |
| Upper Quartile | $568,099 | $144,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Hair Salons and Barber Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.43 |
| Median | 0.60 | 2.04 |
| Upper Quartile | 0.98 | 3.17 |
FAQ's
How much does it cost to buy a Hair Salon and Barber Shop?
The median asking price for an established Hair Salon and Barber Shop is $175,000, though prices range from under $97,900 to well over $350,000.
How much do Hair Salons and Barber Shops owners earn?
The median reported revenue of Hair Salons and Barber Shops is $309,127 and owners earn a median of $88,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Hair Salon and Barber Shop?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Hair Salons and Barber Shops, revenue multiples range from 0.41 to 0.98, with a median of 0.60. Earning multiples range from 1.43 to 3.17, with the median at 2.04. This means the typical Hair Salon and Barber Shop may ask for around 0.60 times its annual revenue, and 2.04 times its annual owner earnings.
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