| There are a few key factors that affect every hair | | | | times are responsible for obtaining their own clients |
| and beauty salon purchase. These factors are the | | | | which may make marketing and payroll for the salon |
| location, the build-out, look of the facility, and most | | | | easier for the owner to manage. |
| importantly the employees and how they are paid. | | | | It is also important when buying and selling a hair |
| There are two main methods to running a salon one | | | | salon to be sensitive to the stylists who work there |
| is by a commission pay structure based on the sales | | | | because the salon is their creative workspace and |
| and the other is the chair rental method. Both of | | | | they do not want their workspace threatened |
| these methods can be successful. Paying stylists by | | | | because they feel it might affect their quality of |
| commission can be successful if the salon has a lot of | | | | work. The buyer and the seller need to address how |
| customers and does large volumes. It also allows the | | | | to deal with the stylists and the employees early on |
| owner to have more control over the salon and their | | | | in a transaction to avoid complications later on. |
| staff. | | | | Hair salons many times sell based on multiples of |
| Salon owners using the chair rental method can be | | | | earnings, but poorly performing salons can still sell to |
| very successful because they will have consistent | | | | buyers who like the look and location of the facilities. |
| weekly rent checks from their stylists who many | | | | |