Rockland County, NY
$80,000

Rockland County, NY
$80,000

Brooklyn, NY
$270,000
Amherst, NY
$95,000

Long Island City, NY
$320,000
Rochester, NY
$195,000
Selden, NY
$65,000
New York, NY
$400,000
Suffolk County, NY
$129,000
Suffolk County, NY
$175,000
Deer Park, NY
$179,000
Available Nationwide
$119,995
New York, NY
$450,000
Nassau County, NY
$115,000
$700,000
Rockland County, NY
Poughkeepsie, NY
$350,000
New York, NY
$320,000
Roy Salisbury
Stony Hill Advisors, Inc.
Serving Montgomery County, NY
As professional intermediaries our advisors play a crucial role in facilitating transactions between buyers and sellers. Responsibilities include conducting market analysis, determining value, promoting and identifying businesses for sale, screening potential buyers, as well as negotiating and closing transactions. Our extensive process ensures the best possible outcome for both parties. We engage in open and transparent discussions with our clients to fully understand their goals and timeline. These discussions allow us to align expectations and determine the feasibility of their objectives within current market and transaction conditions. Our focus is always on achieving the best possible outcome for our clients and the success of their transaction.
Suffolk County, NY
$99,000
Nassau County, NY
$99,990
Harrison, NY
$90,000
Suffolk County, NY
$225,000
Suffolk County, NY
$240,000
Available Nationwide
$80,000
Suffolk County, NY
$95,000
Nassau County, NY
$90,000
$1,200,000
Niagara County, NY
Nassau County, NY
$169,999
New York, NY
$65,000
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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