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!
Nail salon consolidation - does anyone have experience in this industry?
by a searcher
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