Phoenix, AZ
$180,000

Phoenix, AZ
$180,000

Nassau County, NY
$160,000

Cumberland County, ME
$40,000

Saratoga Springs, NY
$85,000
Kings County, NY
$400,000
Bellevue, WA
$120,000
Bucks County, PA
$185,000
Santa Monica, CA
$110,000
North Miami, FL
$60,000
Horry County, SC
$1,900,000
Jacksonville, FL
$25,000
Jacksonville, FL
$25,000
Chapel Hill, NC
$68,000
$260,000
Warwick, RI
Denton County, TX
$98,000
Palm Beach County, FL
$120,000
Jacob Petersen
Murphy Business & Financial Corporation
Serving Olmsted County, MN
Murphy Business and Financial Corporation is one of the largest and most trusted business brokerage firms in North America. Patrick is owner of Murphy Business of Minnesota, LLC
Welland, ON
$210,000
Stockbridge, GA
$90,000
Crowley, TX
$30,000
New York, NY
$1,250,000
Green Brook, NJ
$65,000
Pompano Beach, FL
$70,000
Hollywood, FL
$100,000
Mesa, AZ
$69,000
$1,200,000
Niagara County, NY
Staten Island, NY
$40,000
Staten Island, NY
$29,999
Palm Beach County, FL
$115,000
Portland, OR
$40,000
Maricopa County, AZ
$160,000
Houston, TX
$289,000
Mission Viejo, CA
$79,000
Lee County, FL
$50,000
Oakland County, MI
$174,900
Austin, TX
$115,000
$225,000
Morrisville, NC
Natick, MA
$195,397
Montgomery County, TX
$139,000
Longmont, CO
$40,000
Hicksville, NY
$180,000
Norwood, NJ
$99,900
Wynnewood, PA
$65,000
Clarksville, TN
$400,000
Essex County, NJ
$400,000
Kwang Chul "KC" Whang
The W Group Commercial Real Estate
Serving Howard County, MD
The W Group Commercial Real Estate (WGC) was established in 1991 by Kwang Chul "KC" Whang, its founder and principal broker. WGC evolved over the years into a full service, cross-cultural, multi-lingual brokerage and business consulting firm that specializes in assisting small to medium size, family and minority-owned retail and service businesses operating around the nation's capital, with issues ranging from: tax and accounting, succession planning, asset acquisition and liquidation, asset management, human resource management, facilities management to product sourcing and marketing. For over two decades, WGC has consulted for and brokered a wide range of businesses: restaurants, liquor stores, dry cleaners, day care centers, electronics stores, print shops, martial arts schools, laundromats, hotels, convenience stores, supermarkets, fashion boutiques, mini storage, automotive businesses, among others, including independent, national and regional chains and franchises. Special areas of expertise include: retail commercial real estate and religious property real estate.
Hartford County, CT
$149,500
Dallas, TX
$90,000
$5,000
Phoenix, AZ
Cook County, IL
$185,000
Hamburg, NY
$30,000
REAL ESTATE INCLUDED
Idaho Falls, ID
$1,100,000
Fond Du Lac County, WI
$180,000
Nampa, ID
$85,000
Eastvale, CA
$700,000
Irvine, CA
$75,000
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, 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 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 |
736 |
|
Median Asking Price |
$135,000 |
|
Median Reported Revenue |
$260,000 |
|
Median Reported Earnings |
$80,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Hair Salon & Barber Shop Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.37 |
1.33 |
|
Median |
0.55 |
2.00 |
|
Upper Quartile |
0.85 |
2.75 |
|
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?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in the U.S. is approximately $135,000.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners report median annual sales of $260,000 annual owner earnings of $80,000. 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 range from 0.37 to 0.85, with the median at 0.55. Earnings multiples range from 1.33 to 2.75, with the median at 2.00. These values suggest the average barber shop or hair salon business in the U.S. may sell for around 0.55 times its annual revenue, and 2 times its annual owner’s earnings.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: