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...Read More »
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...Read More »
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...Read More »
