Berlin, NH
$269,900
Hair Salons and Barber Shops For Sale
Industry Info
Buy or Sell a Hair Salon or Barber Shop
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, 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 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 |
736 |
|
Median Asking Price |
$135,000 |
|
Median Reported Revenue |
$260,000 |
|
Median Reported Earnings |
$80,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Hair Salon & Barber Shop Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.37 |
1.33 |
|
Median |
0.55 |
2.00 |
|
Upper Quartile |
0.85 |
2.75 |
|
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?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in the U.S. is approximately $135,000.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners report median annual sales of $260,000 annual owner earnings of $80,000. 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 range from 0.37 to 0.85, with the median at 0.55. Earnings multiples range from 1.33 to 2.75, with the median at 2.00. These values suggest the average barber shop or hair salon business in the U.S. may sell for around 0.55 times its annual revenue, and 2 times its annual owner’s earnings.
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