How to Buy a Salon as an Industry Outsider (and Survive)
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About this episode
Sarah Romer bought a large but tired hair salon in Austin for $80k. Her first year as owner was the hardest of her life. (This is a rebroadcast from November 2021.)
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
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Original episode page & show notes at AcquiringMinds.co:
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Get every episode summarized
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