{"id":1528,"date":"2016-09-16T15:56:25","date_gmt":"2016-09-16T20:56:25","guid":{"rendered":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/?p=1528"},"modified":"2025-02-03T16:47:47","modified_gmt":"2025-02-03T16:47:47","slug":"how-to-sell-a-beauty-salon","status":"publish","type":"post","link":"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/how-to-sell-a-beauty-salon\/","title":{"rendered":"How to Sell a Beauty Salon for the Best Price"},"content":{"rendered":"

The beauty salon industry\u2014encompassing everything from haircutting, coloring and styling to nail and\u00a0skin care, merchandising and other spa services\u2014is huge. And because these services are considered a commodity, the industry is positioned for growth. In fact, according to ISBISWorld<\/a>, revenue growth is expected to rise at annual rate of 3.2% each year, reaching $58.7 billion by 2019, which is great news if you are looking to sell a beauty salon.<\/p>\n

How to Sell a Beauty Salon<\/h2>\n

Whether nearing retirement, relocating or venturing on to other business opportunities, if you\u2019re looking to sell your beauty salon for the best price, start with the following steps to streamline the process.<\/p>\n

1. Organize Your Assets<\/h3>\n

The first step in selling your salon business is to list all of your salons\u2019 assets\u2014both concrete and intangible. Hard assets would include any operational equipment, like chairs and product inventory, and intangible assets would be things like your clients, key staff members, good community standing and logos\/trademarks. These assets will play a big role in your company\u2019s valuation<\/a>.<\/p>\n

2. Find Your Valuation<\/h3>\n

Determine your beauty salon\u2019s market value by using the different appraisal methods available, such as the\u00a0revenue-based assessment, the \u201ccost approach,\u201d or the\u00a0assets and earnings estimation. You can also use valuation calculators and other software to help you find your company\u2019s valuation<\/a>. Once you come up with an accurate valuation, you can set your price.<\/p>\n

3. Assess Potential Buyers<\/h3>\n

It takes an experienced and motivated individual to run a beauty salon. It might be necessary to enlist a business broker, consultant or appraiser for help attracting potential buyers and weeding out lowball offers. Industry experts\u2014like\u00a0Sunbelt Business Brokers of Raleigh<\/a>\u2014will have a good grasp on your target market, as well as extensive databases to help you find the right buyer and sell your beauty salon for the best price.<\/p>\n

With more than 30 years of experience, the Sunbelt Network<\/a> provides business brokerage services for every buying and selling need. Contact us today!<\/p>\n","protected":false},"excerpt":{"rendered":"

The beauty salon industry\u2014encompassing everything from haircutting, coloring and styling to nail and\u00a0skin care, merchandising and other spa services\u2014is huge. And because these services are considered a commodity, the industry is positioned for growth. In fact, according to ISBISWorld, revenue growth is expected to rise at annual rate of 3.2% each year, reaching $58.7 billion […]<\/p>\n","protected":false},"author":80,"featured_media":11652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"acf":[],"yoast_head":"\nHow to Sell a Beauty Salon for the Best Price - Sunbelt of Raleigh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sunbeltnetwork.com\/raleigh-nc\/how-to-sell-a-beauty-salon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Sell a Beauty Salon for the Best Price - 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