How to Buy a Salon as an Industry Outsider (and Survive)

Sarah Romer bought a large but tired hair salon in Austin for $80k. Her first year as owner was the hardest of her life. (This is a rebroadcast from November 2021.)Themes from Sarah's interview:The formula for estimating the value of a salon or beauty businessWhat to do when sellers overestimate the worth of their companyWhere to cut costs after you’ve made an acquisition Underestimating the importance of company cultureThe stress of owning and managing a retail businessThe process of exiting a business you’ve acquiredReach Sarah at:Sarah dot Romer at gmail dot comRegister for a live gathering of SMB, Micro-PE, and ETA owners, operators and investors:SMBashOverhaul your website with ongoing support & unlimited edits, all for a flat monthly fee:EversiteOriginal episode page & show notes at AcquiringMinds.co:How to Buy a Salon as an Industry Outsider (and Survive)Connect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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