Buying A Barbershop Info

Check the lease terms (escalation clauses are common) and equipment age (chairs, HVAC, and water heaters are expensive to replace). 3. Location and "Vibe"

Is the shop priced for the neighborhood? A $60 fade won't sell in a college town as well as it does in a financial district. 4. Staff Retention In this industry, the talent is the business. buying a barbershop

Before looking at listings, decide what kind of owner you want to be: Check the lease terms (escalation clauses are common)

Ensure the seller has non-compete agreements in place, or be prepared for the barbers to follow the old owner to a shop down the street. buying a barbershop