: Analyze the mix of services (cuts, color, extensions) and retail product sales performance.
: Review profit and loss statements (P&Ls), tax returns, and cash flow reports to understand revenue trends and seasonal fluctuations.
: Pay close attention to rent (ideally 8–15% of gross revenue) and utility costs, as salons consume high amounts of water and electricity.
: Obtain a list of all outstanding debts, including supplier credits, equipment leases, or pending legal matters. A Definitive Guide To Buying A Hair Salon
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