How to Buy a Salon as an Industry Outsider (and Survive)
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Nov 08, 2021
Episode Duration |
00:52:12

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 com

Official episode page & full show notes at AcquiringMinds.co:

Sarah Romer bought a large but tired hair salon in Austin for $80k. Her first year as owner was the hardest of her life.

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 com

Official episode page & full show notes at AcquiringMinds.co:

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