Buying | A Barbershop

You are behind the chair. You buy a job and a business.

Check the lease terms (escalation clauses are common) and equipment age (chairs, HVAC, and water heaters are expensive to replace). 3. Location and "Vibe" buying a barbershop

Once you’re serious, meet the barbers. If they don't like the change in leadership, they can leave overnight, taking their clients with them. 5. Transition Strategy Don't change the name or the prices on Day 1. You are behind the chair

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. Google My Business profile

Ensure the sale includes the Instagram handle, Google My Business profile, and the booking software (like Squire or Vagaro) data.

When reviewing a shop’s books, look past the "top line" revenue: