How to Buy a Salon as an Industry Outsider (and Survive)
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…
The skinny
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