Ithaca, NY
$99,000
Hair Salons and Barber Shops For Sale in New York
Market Info
Turnkey Full Service Hair Salon
For Sale: One of the Premier Barbershops in Manhattan!
New York, NY
$350,000
Flourishing Sunflower Beauty Studio For Sale!
Astoria, NY
$55,000
Prime Location Barber Shop Eastern Long Island
Suffolk County, NY
$99,000
Phenix Salon Suites 3 outlet Franchise agreement
Nassau County, NY
$99,990
Premier hair salon Renovated and priced to sell Westchester Co, NY
Harrison, NY
$90,000
Exclusive Hair Salon North Shore Long Island
Suffolk County, NY
$225,000
Top Tier Hair Salon and Barber!
Suffolk County, NY
$240,000
Asset SaleOpportunity in the Beauty Industry Two for One
Depew, NY
Asset SaleHair Salon Franchise for Sale
Suffolk County, NY
$95,000
FranchiseApricot Lane Boutique
Available Nationwide
$80,000
Asset SaleFully Occupied Turnkey Salon – Asset Sale
Nassau County, NY
$179,999
Start-up Park Avenue Salon
$12,000
Drybar Nanuet
$700,000
Rockland County, NY
Buy or Sell a Hair Salon or Barber Shop in New York
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 in New York, 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 in New York 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 |
56 |
|
Median Asking Price |
$176,250 |
|
Median Reported Revenue |
$300,000 |
|
Median Reported Earnings |
$120,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Hair Salon & Barber Shop Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.45 |
1.13 |
|
Median |
0.60 |
1.78 |
|
Upper Quartile |
0.77 |
2.27 |
|
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 in New York?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in New York is approximately $176,250.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners in New York report median annual sales of $300,000 annual owner earnings of $120,000. 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 in New York range from 0.45 to 0.77, with the median at 0.60. Earnings multiples range from 1.13 to 2.27, with the median at 1.78. These values suggest the average barber shop or hair salon business in New York may sell for around 0.60 times its annual revenue, and 1.78 times its annual owner’s earnings.
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