Buying A Barbershop | No Login

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

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.

Does the shop have a membership program or a high re-booking rate? Barbershops are community hubs

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

Once you’re serious, meet the barbers. If they don't like the change in leadership, they can leave overnight, taking their clients with them. 5. Transition Strategy Don't change the name or the prices on Day 1. A $60 fade won't sell in a college

Ensure the sale includes the Instagram handle, Google My Business profile, and the booking software (like Squire or Vagaro) data.