Ensure the sale includes the Instagram handle, Google My Business profile, and the booking software (like Squire or Vagaro) data.
If the current owner is the star performer, will the clients stay when they leave? buying a barbershop
Is the shop priced for the neighborhood? A $60 fade won't sell in a college town as well as it does in a financial district. 4. Staff Retention In this industry, the talent is the business. Ensure the sale includes the Instagram handle, Google
You are behind the chair. You buy a job and a business. A $60 fade won't sell in a college
Before looking at listings, decide what kind of owner you want to be:
Ensure the seller has non-compete agreements in place, or be prepared for the barbers to follow the old owner to a shop down the street.
When reviewing a shop’s books, look past the "top line" revenue: