Barbershop: Buying A

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

You are behind the chair. You buy a job and a business. buying a barbershop

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

Barbershops are community hubs. Evaluate the "vibe" of the current shop: When reviewing a shop’s books

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

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.

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buying a barbershop

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

You are behind the chair. You buy a job and a business.

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

Barbershops are community hubs. Evaluate the "vibe" of the current shop:

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

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.