If the current owner is the star performer, will the clients stay when they leave?
Before looking at listings, decide what kind of owner you want to be: buying a barbershop
Barbershops are community hubs. Evaluate the "vibe" of the current shop: If the current owner is the star performer,
Does the shop have a membership program or a high re-booking rate? the talent is the business.
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.
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.
