Buying an esthetics studio vs starting one
Buying an esthetics studio gives you clients on the books, built treatment rooms and a booking history, but you must test whether those clients will stay once the seller, often the esthetician, leaves. Starting your own means building each of those from nothing. Compare what each route hands you.
In a non-medical esthetics studio, offering facials, waxing, brows or lashes, the owner is often the person doing the work. That shapes the choice between buying and starting. You are not only comparing premises and equipment. You are comparing a set of client relationships you might inherit against a blank calendar you would fill yourself.
What an existing studio gives you
A studio for sale may come with a client list, built treatment rooms, product stock, a booking history and online reviews. Those save time. Ask for the booking history by client and service so you can see who returns and how often. Ask which products and suppliers the studio relies on, and whether the lease can be assigned to you. Your lawyer can advise on that last point.
What you would rebuild anyway
Even if you buy, you may redo the brand, the pricing menu or the room layout to suit your own style. Starting fresh lets you choose all of it from day one, at the cost of a slower start while clients find you. Ask how much of the existing studio you would keep.
Will the clients stay?
Esthetics clients often follow a person. Ask the seller to introduce you, to stay on for a handover period, and to tell their clients about the change. Look at whether bookings are tied to the seller’s personal phone or social accounts. What am I buying when I buy a salon suite business raises a similar question.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- ComparisonBuying a business vs starting one
- GuideBuying a spa in Canada
- Expert answerWho owns the clients when I buy a hair salon?
- Expert answerWhat am I buying when I buy a salon suite business?
- Expert answerDoes the online booking system transfer when I buy a salon?
- GuideHow to buy a nail salon in Canada
- Expert answerWhat should I check before buying a lash studio?
- Expert answerWhat does owning a fitness studio involve day to day?
- Expert answerShould I buy an existing nail salon or open one?
- Expert answerWhat should I check before buying a tattoo shop?
- Expert answerHow do I check a tattoo shop’s earnings when artists rent chairs or work on commission?
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentAfter buying a business, what is the next step?
- 04Canadian Centre for Occupational Health and Safety (CCOHS)GovernmentNail Salon
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