Beauty Salons: SBA business acquisition loan data
444 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Beauty Salons (NAICS 812112), totaling $222M. Median loan $288,600, 55% lower than the all-acquisition median. Annual volume rose 17% from FY2024 to FY2026. 35% of these deals were franchised units.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $627,875 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.9% of all SBA-financed business purchases, ranking #21 of 300 industries tracked.
- Geography. Texas leads with 50 loans; the top five states account for 37% of the industry's acquisitions.
- Jobs. Lenders reported 10,144 jobs supported across these loans, about 22.8 per acquisition, a rough proxy for the size of business changing hands.
Beauty Salons acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 55 | $19.5M | $186,000 | |
| FY2019 | 84 | $49M | $329,600 | |
| FY2020 | 75 | $36.2M | $350,000 | |
| FY2021 | 45 | $13.1M | $220,000 | |
| FY2022 | 24 | $16.2M | $270,000 | |
| FY2023 | 36 | $21.9M | $282,450 | |
| FY2024 | 35 | $17.8M | $247,500 | |
| FY2025 | 49 | $21.4M | $249,600 | |
| FY2026 | 41 | $27.1M | $440,000 |
How often do these acquisition loans fail?
Of the 259 Beauty Salons acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 8 have been charged off by the SBA, a rate of 3.1% by loan count and 1.5% by dollars. 161 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Beauty Salons is 12% lower than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Texas | 50 | 11.3% | $23.3M | |
| 2 | Florida | 35 | 7.9% | $26.1M | |
| 3 | Pennsylvania | 31 | 7.0% | $10.9M | |
| 4 | California | 24 | 5.4% | $12.6M | |
| 5 | Ohio | 23 | 5.2% | $5.7M | |
| 6 | Wisconsin | 21 | 4.7% | $7.7M | |
| 7 | Massachusetts | 20 | 4.5% | $11.4M | |
| 8 | New Jersey | 16 | 3.6% | $10.3M | |
| 9 | Indiana | 15 | 3.4% | $7.8M | |
| 10 | Minnesota | 15 | 3.4% | $5.6M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 38 | 8.6% | $46.2M | |
| 2 | Stearns Bank National Association | 29 | 6.5% | $7.8M | |
| 3 | The Huntington National Bank | 26 | 5.9% | $7.4M | |
| 4 | Customers Bank | 16 | 3.6% | $6.8M | |
| 5 | Bank of America, National Association | 13 | 2.9% | $11.2M | |
| 6 | BankUnited, National Association | 8 | 1.8% | $6.7M | |
| 7 | Northwest Bank | 8 | 1.8% | $1.6M | |
| 8 | Old National Bank | 7 | 1.6% | $3.1M | |
| 9 | BayFirst National Bank | 7 | 1.6% | $3M | |
| 10 | Simmons Bank | 7 | 1.6% | $2.4M |
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Franchise brands in Beauty Salons
35% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Smartstyle | 45 | 29.0% | $26.3M | |
| 2 | Supercuts | 33 | 21.3% | $29M | |
| 3 | Great Clips | 17 | 11.0% | $24.4M | |
| 4 | LORDS & LADIES | 14 | 9.0% | $4.3M | |
| 5 | Fantastic Sams | 9 | 5.8% | $3.7M | |
| 6 | Amazing Lash Studio | 6 | 3.9% | $3.4M | |
| 7 | Sport Clips | 5 | 3.2% | $1.7M | |
| 8 | Radiant Waxing | 4 | 2.6% | $3.1M | |
| 9 | European Wax Center | 2 | 1.3% | $985K | |
| 10 | Waxing the City | 1 | 0.6% | $455K | |
| 11 | Hand and Stone Massage and Facial Spa | 1 | 0.6% | $380K | |
| 12 | Subway | 1 | 0.6% | $150K |
Questions buyers ask
How much is a typical SBA loan to buy a business in Beauty Salons?
Median $288,600 across 444 acquisition loans (FY2018 to FY2026); the middle half ran $125,000 to $627,875. That is 55% lower than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Beauty Salons acquisitions?
Live Oak Banking Company (38), Stearns Bank National Association (29), The Huntington National Bank (26), Customers Bank (16), Bank of America, National Association (13).
Are businesses in Beauty Salons often franchised?
Yes, often. 35% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Smartstyle, Supercuts, Great Clips, LORDS & LADIES, Fantastic Sams.
How risky are SBA loans for buying a business in Beauty Salons?
Of 259 seasoned loans (FY2018 to FY2021), 3.1% charged off, 12% lower than the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Beauty Salons acquisitions?
Median term 10 years, average initial rate 7.69% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
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