How do I sell my lash studio?

A lash studio is built on trust between a client and a technician. If you are the main technician, a buyer will ask what they are really buying and how much leaves when you do. Your job in preparing is to show a studio that works without you at the chair, with records a stranger can read and a team that wants to stay.

Separate your client book from the studio

Work out which clients book with you personally and which book with the studio or with other technicians. Keep this honest. A buyer will check, and clear records build confidence. If you take most of the appointments yourself, consider moving some to a team member well before you list, so the studio shows it can serve clients without you.

Show fills and rebooking

Repeat visits are what a buyer looks for. Pull your booking system’s reports on fills, rebooking and cancellations, and make sure they match your bank deposits. Tidy the client records, with attention to how consent and personal information are kept, and ask your lawyer what you can share before a buyer signs a confidentiality agreement.

Keep your technicians

Your team is much of what a buyer is paying attention to. Decide when and how to tell them, and talk to your lawyer about employment and contractor arrangements before you do. BDC’s seven steps to increase your business’ value before you sell include the kind of preparation that helps here.

Plan the handover

Offer to introduce the new owner to regular clients and the team, and agree in writing how long you will stay and what you will do. A buyer reading about what to check before buying a lash studio will ask about exactly these things, so have the answers ready. BDC on finding the right buyer is also worth reading.