Wayne County, MI
This is a great opportunity to own a long-established, boutique style Hair Salon in Suburban Wayne County. Established in 2019, this 1,500 sq. ft., 12-station salon is located on a highly traveled,...
$69,900

Wayne County, MI

Wayne County, MI
Essex County, MA
Worcester County, MA
Worcester County, MA
Las Vegas, NV
Hialeah, FL
Denton County, TX
North Miami, FL
Hillsborough County, FL
Palm Beach County, FL
Oakland County, MI
Carrollton, TX
$795,000
Chandler, AZ
New York, NY
New Port Richey, FL
Michael Dukhovny
United National Realty
Serving Kings County, NY
United National Realty is at the forefront of Business Sales as well as Commercial Real Estate and is licensed in New York, New Jersey and Pennsylvania. Full time associates, five star service and state of the art technology are some of the reasons why we are the number one choice for you.
Greene County, MO
Anchorage, AK
Vancouver, WA
Chandler, AZ
Berkeley, CA
Miami, FL
Chicago, IL
Macomb County, MI
$25,000
Van Nuys, CA
Torrance, CA
Brooklyn, NY
Papillion, NE
Plano, TX
Miami-Dade County, FL
Stuart, FL
Chino, CA
Fairfax Station, VA
Palm Beach County, FL
Niantic, CT
Hialeah, FL
Palm Beach County, FL
Hainesport, NJ
Southampton, NY
REAL ESTATE INCLUDED
Little Falls, MN
New York, NY
Katy, TX
Keller, TX
New York County, NY
Roy Liu
Potomac Network
Serving Fairfax County, VA
POTOMAC NETWORK 44675 Cape Court Suite 130 Ashburn, VA 20147 Potomac Network maintains a network of legal counsels, wealth managers, CPAs and bookkeepers, commercial real estate brokers, business valuation and deal specialists who possess a wealth of experience in their practices. Our associates are proud members of various local chambers of commerce as well as numerous business to business network organizations. THE POTOMAC NETWORK DIFFERENCE - Enabling growth through acquisitions. LOWER COST Our superior operation model enables 40%-60% less brokerage commissions. PROCESS We manage the entire process from valuation to sales closing so our clients can mind their own business. TEAM WORK Our clients welcome my teamwork approach. We have my our team of professionals, or, we can work with a client’s already-established team. We maintain strong relationships with other professionals who have specialized knowledge about niche areas that may be desired to help grow your business.
Orange County, NY
New York, NY
North Billerica, MA
Nmb, FL
Fort Worth, TX
Whittier, CA
Mays Landing, NJ
Bergen County, NJ
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 420 | 59,780 |
| Asking Price | $175,000 | - |
| Reported Revenue | $309,127 | $577,161 |
| Reported Seller's Discretionary Earnings | $86,000 | $46,173 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $94,000 | $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 | $153,304 | $58,366 |
| Median | $309,127 | $86,000 |
| Upper Quartile | $581,151 | $138,835 |
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 | 0.61 | 2.15 |
| Upper Quartile | 1.02 | 3.25 |
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 $94,000 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 $86,000, 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 1.02, with a median of 0.61. Earning multiples range from 1.43 to 3.25, with the median at 2.15. This means the typical Hair Salon and Barber Shop may ask for around 0.61 times its annual revenue, and 2.15 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge