Lee County, FL
$69,000
Lee County, FL
$69,000
Tampa, FL
$169,000
Palm Beach County, FL
$350,000
Hillsborough County, FL
$50,000
Coral Springs, FL
$100,000
Brevard County, FL
$30,000
Orange County, FL
$190,000
Seminole County, FL
$75,000
Boca Raton, FL
$35,000
Port Saint Lucie, FL
$60,000
Palm Beach County, FL
$300,000
Coral Springs, FL
$68,999
Coral Gables, FL
$30,000
Palm Beach County, FL
$109,000
Miami, FL
$55,000
New Port Richey, FL
$55,000
Michael Steinberg
Hedgestone Business Advisors
Serving Miami-Dade County, FL
Hedgestone Business Advisors is a full-service firm specializing in real estate, business brokering, mergers, and acquisitions. We recognize opportunities long before any of our competitors, enabling us to speed up the transaction process and better advise our clients. Our clients are the reason we are in business, and we always remember that we would not exist without them. Our service is always customized and sharply focused on the specific needs of every client. We succeed only when you do.
Broward County, FL
$50,000
Miami, FL
$77,000
Davie, FL
$120,000
Coral Gables, FL
$54,000
Cooper City, FL
$89,000
Boca Raton, FL
Hialeah, FL
Doral, FL
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 Florida, 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 Florida 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 |
148 |
Median Asking Price |
$130,500 |
Median Reported Revenue |
$252,698 |
Median Reported Earnings |
$70,087 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Florida Hair Salon & Barber Shop Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.39 |
1.29 |
Median |
0.54 |
1.88 |
Upper Quartile |
0.85 |
2.66 |
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 Florida?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in Florida is approximately $130,500.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners in Florida report median annual sales of $252,698 annual owner earnings of $70,087. 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 Florida range from 0.39 to 0.85, with the median at 0.54. Earnings multiples range from 1.29 to 2.66, with the median at 1.88. These values suggest the average barber shop or hair salon business in Florida may sell for around 0.54 times its annual revenue, and 1.88 times its annual owner’s earnings.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: