Hair and nails are extensions of self. They are art, beauty, status, and health. In the same way, salon machinery and equipment are extensions of a hair and nail salon. They are purpose, utility, credibility, and financial value. An understanding of salon...
Salons rely on specialized equipment to provide exceptional hair and nail services for their clients. You may be buying, selling, or seeking financing for a business with this machinery and equipment. From styling chairs to manicure stations, much of a...
Hair and nail salons provide cosmetic hair and nail care services to customers of all ages. In recent years, this industry has experienced revenue and profit decline. However, the hair and nail salon industry is expecting healthy growth in the coming years. This is a...
The hair salon industry is thriving with pent-up demand from the COVID-19 pandemic closures. However, competition in the hair salon industry is high. In addition, there are low barriers to entry. Whether you are looking to buy, sell, or grow a hair salon, it is...
The U.S. hair care services industry has more than 80,000 businesses. Approximately 77,000 beauty salons and 4,500 barbershops. This industry has a combined annual revenue of about $20 billion. Here is a quick summary of the trend of valuation multiples for a hair...
Recently, my hairstylist of three years inquired about how to value a hair salon. She along with a couple of co-workers was offered the opportunity to purchase an ownership interest in the hair salon they worked at. After expressing my excitement for her years of hard...
