Charleston County, SC
Hair Salons and Barber Shops For Sale


Charleston County, SC

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Vince Liuzzi
Transworld Business Advisors Cleveland Metro
Serving Cuyahoga County, OH
Transworld Business Advisors is the largest business advisor (intermediary) in the US. We have helped more than 10,000 entrepreneurs sell their business, buy an existing business or leverage a franchise opportunity since 1979. When you combine this level of industry expertise with my 30-year background in the financial services industry working with businesses of all sizes and specialties, you have someone on your side to evaluate all perspectives and provide sound advice.
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Joe Howard
Kingsley Group Business Brokers
Serving Greene County, MO
Kingsley Group has been the go-to authority in the Southwest Missouri and Northwest Arkansas for business transactions since 1982. Owners Gary Rogers and Joe Howard lead a team of brokers each with their own entrepreneurial backstory. Our team excels in buyer vetting, due diligence and confidential deal-making. We are proud members of the Springfield Area Chamber of Commerce, the International Business Brokers Association, and the M&A Source. Our team of business brokers are licensed by the Missouri Real Estate Commission and certified as Business Intermediaries. Business intermediaries act as crucial connectors by facilitating transactions between buyers and sellers or between businesses seeking strategic partnerships. Our role includes identifying potential matches, negotiating terms and ensuring smooth communication between parties. We are here to guide you through every step of the business transaction. Our goal is to streamline the process of business transactions and reduce transaction costs.
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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 418 | 59,780 |
| Asking Price | $175,000 | - |
| Reported Revenue | $307,327 | $577,161 |
| Reported Seller's Discretionary Earnings | $85,000 | $46,173 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $95,000 | $175,000 | $350,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Hair Salons and Barber Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $157,760 | $57,720 |
| Median | $307,327 | $85,000 |
| Upper Quartile | $537,538 | $135,893 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Hair Salons and Barber Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 1.50 |
| Median | 0.61 | 2.10 |
| Upper Quartile | 0.98 | 3.23 |
FAQ's
How much does it cost to buy a Hair Salon and Barber Shop?
The median asking price for an established Hair Salon and Barber Shop is $175,000, though prices range from under $95,000 to well over $350,000.
How much do Hair Salons and Barber Shops owners earn?
The median reported revenue of Hair Salons and Barber Shops is $307,327 and owners earn a median of $85,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Hair Salon and Barber Shop?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Hair Salons and Barber Shops, revenue multiples range from 0.41 to 0.98, with a median of 0.61. Earning multiples range from 1.50 to 3.23, with the median at 2.10. This means the typical Hair Salon and Barber Shop may ask for around 0.61 times its annual revenue, and 2.10 times its annual owner earnings.
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