How do I hand over my hair salon to the new owner?
Plan the handover as a series of introductions and transfers. After signing, introduce the buyer to clients and stylists, pass on colour formula cards and client notes once your lawyer confirms the consent questions, move the booking system and retail stock across, and agree how long you will work alongside the buyer.
Signing the agreement is not the end of your part. Salon clients return to a particular chair and stylist, so plan how they hear about the change. Agree the plan with the buyer before closing day, and write it down.
Introduce the buyer to people
Decide with the buyer how and when to tell stylists and clients. Consider telling staff first, in person, with the buyer present if possible. For clients, a short, friendly message and a few days of the buyer being visible at the front desk go further than a long announcement.
Client notes and colour formulas
Colour formula cards and client notes are what keep a service consistent. They also contain personal information. Ask your lawyer to confirm any notice or consent obligations before the notes pass to the buyer, and what the sale agreement should say about them. Our page on who owns clients when you buy a hair salon gives the buyer’s side.
Booking system, retail stock and working alongside
Check whether your booking system account can move to the buyer, and list the retail products on hand, including any brand lines that need a supplier’s approval for a new owner. Consider staying on for an agreed period to answer questions and reassure clients. Put the length and your duties in writing.
- A joint plan for telling stylists and clients
- A lawyer-approved approach to client notes
- Booking system and supplier accounts moved over
- An agreed period of working alongside the buyer
Related reading
13 pages on the same subject, grouped by topic.
Selling
Buying
- Expert answerWho owns the clients when I buy a hair salon?
- Expert answerDoes the online booking system transfer when I buy a salon?
- Expert answerWhat should I do in the first month after buying a hair salon?
- Expert answerHow does booth rental change what I am buying in a salon?
- Expert answerWhat am I buying when I buy a salon suite business?
- Expert answerHow should I review the appointment book of a salon before I take over?
Succession
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
- 02Business Development Bank of CanadaGovernmentUnderstanding the options for selling your business
- 03Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
Deavo is an advertising and listings platform, not a brokerage, law firm or valuation firm. This page is general information, not legal, tax, accounting or valuation advice, and rules differ by province. Confirm anything you rely on with a qualified professional before you act on it.