Nail salon consolidation - does anyone have experience in this industry?

searcher profile

August 17, 2024

by a searcher in New York, NY, USA

I'm exploring a thesis around acquiring /consolidating independent nail salons and curious if anyone has spent time in the space. Potential attractive elements on the surface:

- Highly fragmented - numerous targets
- Low multiples in 1-3x SDE range
- Substantial repeat customers / re-occurring revenue
- Opportunity to consolidate accounting/payroll/procurement across stores
- Solid margins (25%+) for seven-figure salons

Any insight is greatly appreciated!

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commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
I'd be happy to discuss SBA financing. I just closed on a nail salon deal and I was also shocked and impressed with the low multiple based off EBITDA and revenue. If interested, reach out here or at redacted
commentor profile
Reply by a searcher
from University of Toronto in Vancouver, BC, Canada
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