Buying A Barbershop Instant

Buying a barbershop is a mix of acquiring a local staple and a precision service business. 1. Define Your Model

When reviewing a shop’s books, look past the "top line" revenue:

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?

You employ barbers and take a percentage of their service totals (typically 50/50 or 60/40). This requires more active management but has higher scaling potential. 2. Financial Due Diligence

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.

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.

Buying A Barbershop Instant

Buying a barbershop is a mix of acquiring a local staple and a precision service business. 1. Define Your Model

When reviewing a shop’s books, look past the "top line" revenue: buying a barbershop

Ensure the sale includes the Instagram handle, Google My Business profile, and the booking software (like Squire or Vagaro) data. Buying a barbershop is a mix of acquiring

If the current owner is the star performer, will the clients stay when they leave? If the current owner is the star performer,

You employ barbers and take a percentage of their service totals (typically 50/50 or 60/40). This requires more active management but has higher scaling potential. 2. Financial Due Diligence

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.

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.