51 min listen
How to Buy a Salon as an Industry Outsider (and Survive)
FromAcquiring Minds
ratings:
Length:
52 minutes
Released:
Nov 8, 2021
Format:
Podcast episode
Description
Sarah Romer bought a large but tired hair salon in Austin for $80k. Her first year as owner was the hardest of her life.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 comOfficial episode page & full show notes at AcquiringMinds.co:How to Buy a Salon as an Industry Outsider (and Survive)
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 comOfficial episode page & full show notes at AcquiringMinds.co:How to Buy a Salon as an Industry Outsider (and Survive)
Released:
Nov 8, 2021
Format:
Podcast episode
Titles in the series (100)
How to Buy a $2m Dying Business Then Sell It for 5X: Mike Yarmo bought a struggling distributor & turned it into a local powerhouse in a different niche — then sold for 5x. by Acquiring Minds