Case Study: Sola Salon Studios achieves a successful business ownership transition with Fahrenheit Advisors

Sola Salon Studios finalizes partnership buyout in September with Fahrenheit Advisors

The customer, Sola Salon Studios, faced the challenge of navigating an unexpected change in its ownership structure. David Aschheim, the CEO and local franchise owner, needed to find a path to either buy out or sell his share of the business to his partner. He required both a valuation of the company and strategic coaching to manage the difficult conversation. He engaged Fahrenheit Advisors for their business advisory services.

Fahrenheit Advisors provided a two-part solution. Jeff Wraley, a Senior Consultant, built a financial model to value the business. Simultaneously, Managing Director Lud Kimbrough offered strategic coaching to help separate emotions from the business decisions and plan the negotiation. This guidance allowed the CEO to successfully buy the company. The result was a completed transaction and the opportunity for the CEO to execute his vision for the business's future growth. Fahrenheit Advisors provided the necessary support to achieve this optimal outcome.

Sola Salon Studios