Maximise your business value

When you started your business, did you start with a set of keys to an empty building or did you buy from an existing entrepreneur?

If you bought from an existing entrepreneur, what made you decide to take that route? You aren't the first and certainly not the last to buy an existing business. The most profitable business model in the hair and beauty industry is to increase the value of a business (an asset), sell it and start again.

We can help you achieve a wealthy retirement before you are 40, as a single salon owner. We’ll support you to make a 5-year plan that covers your business goals, from concept through to exit. Our team can work with you to identify a sales and marketing strategy and to identify how much money you need to make year-on-year before you sell your business.

The sale value of an owner-managed salon is typically 3-4 times the annual profit available. So, if the salon is making £25,000 profit each year (before your Director’s remuneration) this values it at between £75k and £100k (plus stock).

However, taking a more strategic role and employing somebody else to do the day-to-day running of the business can enable you to double your profits and increase the value of your business to more like 5-6 times the annual profits. Suddenly, the value is more like £250k and £300k (plus stock), whilst you take a good income and enjoying a better work/life balance.

We’re experts in advice for starting, buying or selling salons. We’re also developing connections and tools to facilitate these transactions in-house too. If you want to list your salon for sale on our marketplace and allow us to help you find a new owner, get in touch.