The U.S. hair care services industry is made up of more than 80,000 businesses. Approximately 77,000 beauty salons and 4,500 barbershops. This industry has combined annual revenue of about $20 billion. Here’s is a quick summary of the trend of valuation multiples for...
Recently, my hairstylist of three years inquired about how to value a hair salon. She along with a couple of co-workers were offered the opportunity to purchase an ownership interest in the hair salon they worked at. After expressing my excitement for her years of...
