Las Vegas, NV
$19,000
Las Vegas, NV
$19,000
Saint Paul, MN
$250,000
Salt Lake County, UT
$675,000
Macomb County, MI
$54,900
Hallandale Beach, FL
$110,000
Tempe, AZ
$325,000
Inglewood, CA
$180,000
Texas
$199,000
Chula Vista, CA
$79,000
Calhoun, GA
$99,000
Hartford County, CT
$450,000
Burbank, CA
$50,000
Ulster County, NY
$89,900
$149,730
Chico, CA
Boca Raton, FL
$23,700
Katy, TX
$79,000
Randy Sokol
Sokol Realty License #20174004026
Serving Franklin County, OH
Randy Sokol - Restaurant Industry Advocate. Randy Sokol owns Sokol Realty and Sokol & Associates specializing in selling restaurants, bars, pizza shops, and all hospitality related businesses. Randy grew up working in his family’s chain restaurants, for over 40 years, eventually becoming the Owner and President. He has been buying and selling restaurants for over 15 years and during that time he has brokered over 150 hospitality business deals and over 50 liquor permit deals. In that time, he has been able to build up a wealth of knowledge and experience in what makes a good location and how to negotiate the best possible lease on behalf of his clients. He knows what is important on a lease to protect your business, because he’s been there. His goal is always to make sure that his clients are getting exactly what they need, whether buying or selling, from their space so they can focus on running their business. Randy is also a member of several civic organizations, and has served on numerous boards and committees in the Columbus area, including the Ohio Restaurant Association, Children's Hospital Development Board, National Federation of Independent Businesses (NFIB), and Food Truck Advisory Board for the city of Columbus. He has worked with City Council members to create laws that support businesses like yours. Being involved with these organizations, and city politics allow him to keep abreast of current trends in real estate, which helps him stay informed about changing needs for new businesses looking for locations in Columbus and beyond, as well as use his resources on his client’s behalf. If you're looking for someone who will be straight forward in their dealings with you, be responsive in a timely manner, and always have your best interests at heart, then call Randy Sokol today.
Brooklyn, NY
$250,000
Fort Pierce, FL
$80,000
Palm Beach County, FL
$750,000
Clark County, NV
$185,000
Toronto, ON
$198,000
Denver, CO
$100,000
Miami-Dade County, FL
$220,000
Willow Grove, PA
$59,000
$729,000
Jersey City, NJ
Pinellas County, FL
$200,000
Saint George, UT
$125,000
Sugar Land, TX
$175,000
Orlando, FL
$300,000
Smithtown, NY
$98,500
College Park, GA
$229,000
Suffolk County, NY
$99,500
Nassau County, NY
$200,000
Centereach, NY
$89,500
Essex County, MA
$89,000
$65,000
Saint Petersburg, FL
$197,000
Mountain View, CA
$180,000
Casselberry, FL
$580,000
Suffolk County, NY
$149,990
Prince George's County, MD
$399,000
North Carolina
$55,000
Miami-Dade County, FL
$187,500
Miami-Dade County, FL
$187,000
Scott Belden
Murphy Business & Financial Corporation
Serving Jasper County, MO
Virginia Beach, VA
$90,000
Astoria, NY
$60,000
$70,000
Haverhill, MA
Queens County, NY
$125,000
Kings County, NY
$217,500
Orange County, NY
$119,000
New York, NY
$1,250,000
Cerritos, CA
$65,000
Brooklyn, NY
$68,500
Pearl River, NY
$108,500
Beauty and personal care businesses cater to diverse market segments with their products and services. The beauty and personal care industry includes many different facets: hair care, spa services, and sales of makeup and grooming products. Entrepreneurs may also be able to find local businesses for sale, such as nail salons, cosmetics retailers, tanning salons, and massage businesses. Some of the most popular categories include:
The diversity of the beauty and personal care industry may offer several opportunities for success. The U.S. cosmetics industry alone brings in over $62 billion in revenue, with skincare products making up over one-third of the sales.
Some beauty and personal care businesses for sale may require owners to have expertise or training in certain areas. For example, it may be good for a salon owner to be a trained cosmetologist. Other types of business, such as cosmetics retailers or wholesale distributors, may simply require entrepreneurs to have strong business instincts.
While business valuations for businesses in the beauty and personal care sector fall within a certain range, the value of each individual business is unique and depends on several factors, including the local market, specific financials, and business operations. For these businesses, the average cash flow multiple is around 2.11, but an individual business may sell for more or less, depending on its performance relative to its peers.
Beauty and Personal Care Business Prices
Year Sold |
Median Asking Price |
Median Sale Price |
2018 |
$129,000 |
$110,000 |
2019 |
$139,450 |
$122,500 |
2020 |
$105,000 |
$100,000 |
2021 |
$129,500 |
$117,500 |
2022 |
$135,000 |
$120,000 |
2023 |
$179,502 |
$150,000 |
Whether you’re selling a hair salon, barbershop, nail salon, massage business, or spa, the process for finding your business’s fair market value, attracting buyers, and closing the sale, the process can be complex.
See BizBuySell's Guide to Selling a Beauty and Personal Care Business for insight into market valuations, and tips to maximize value before you exit.