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 business
• What to do when sellers overestimate the worth of their company
• Where to cut costs after you’ve made an acquisition 
• Underestimating the importance of company culture
• The stress of owning and managing a retail business
• The process of exiting a business you’ve acquired

Reach Sarah at:

• Sarah dot Romer at gmail dot com

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Original episode page & show notes at AcquiringMinds.co:

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

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