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

54m ·

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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  • Lelaryan

    The pressure that comes with being an entrepreneur and owning and operating a retail establishment


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