Closed transaction · July 2015
Luxe Salon
MDR & Associates took Luxe Salon, a high-end salon in Dallas, through to closing in July 2015.
The transaction
- ClosedJuly 2015
- SectorBusiness & consumer services
- LocationDallas, Texas
- Represented byMDR & Associates
The sale
How it ran
Luxe Salon was built over 15 years into one of the best-known high-end salons in Dallas, and was named best salon by D Magazine several times.
We sold it in under four months to a strategic buyer in the beauty and wellness industry.
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Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold Luxe Salon — free, with no obligation, answered the same business day.
Get a free valuation snapshotWhat decided the price
What buyers look at in a service business
Recurring and contracted revenue
The strongest single driver. Revenue under contract, on a schedule, or under a maintenance agreement is worth a multiple of the same revenue sold ad hoc.
Owner dependence
If customers buy because of you, the buyer is not buying a business. Reducing this is the highest-return work available before a sale.
Customer retention and length
Churn and average tenure tell a buyer what they are really acquiring. Have the numbers ready before they ask.
The full list, and who the buyers are: Selling a service business in Texas.
Your company
Talk to the firm that sold Luxe Salon
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- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells