Brooklyn, NY
$69,000

Brooklyn, NY
$69,000

Suffolk County, NY
$219,000

Deer Park, NY
$179,000

New York, NY
$450,000
Nassau County, NY
$115,000
Poughkeepsie, NY
$350,000
Ithaca, NY
$99,000
New York, NY
$350,000
Suffolk County, NY
$99,000
Nassau County, NY
$99,990
Available Nationwide
$119,995
Harrison, NY
$90,000
Suffolk County, NY
$225,000
$700,000
Rockland County, NY
Suffolk County, NY
$240,000
Nassau County, NY
$169,999
Ken Stein
The Kensington Company
Serving Nassau County, NY
The Kensington Company is a leading merger and acquisitions firm delivering professionalism, integrity and extensive market experience to every transaction. There are numerous companies in today’s market place that attempt to bring business buyers and sellers together. There are few however, that offer their clients the degree of sophistication, experience and resources of our unique firm. At The Kensington Company we have expanded the traditional business brokerage firm model to offer our clients comprehensive services during their individualized transaction process. We are committed to representing our clients’ best interests throughout the transaction process, while bringing innovative and creative solutions to the multiple complex challenges as we guide our clients toward accomplishing their “right” transaction. Our 20 years of business experience, from start up companies to multi million dollar organizations, allows us to understand our clients concerns and needs. Our goal is to negotiate a "Win-Win" scenario for all involved parties. We offer various services from business valuations, complete memorandum packages, buyer representation, corporate searches, business consultation, and strategic planning. We are committed to helping all our clients achieve their desired business goals and objective. We offer a complete range of professional services focusing on both middle-market and smaller business transactions: -Mergers & Acquisitions -Businesses For Sale -Buy Side Services -Franchise Resales -Franchise Sales -Franchise Development -Consolidations -Business Valuations -Business Consulting
New York, NY
$65,000
Suffolk County, NY
$95,000
Buffalo, NY
$2,000
Nassau County, NY
$179,999
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 New York, 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 New York 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 |
56 |
|
Median Asking Price |
$176,250 |
|
Median Reported Revenue |
$300,000 |
|
Median Reported Earnings |
$120,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Hair Salon & Barber Shop Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.45 |
1.13 |
|
Median |
0.60 |
1.78 |
|
Upper Quartile |
0.77 |
2.27 |
|
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 New York?
Prices range depending on size and sales volume, but the median asking price for a hair salon or barber shop business in New York is approximately $176,250.
How much do hair salon and barber shop business owners earn?
These businesses vary in sales volume, but owners in New York report median annual sales of $300,000 annual owner earnings of $120,000. 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 New York range from 0.45 to 0.77, with the median at 0.60. Earnings multiples range from 1.13 to 2.27, with the median at 1.78. These values suggest the average barber shop or hair salon business in New York may sell for around 0.60 times its annual revenue, and 1.78 times its annual owner’s earnings.
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