Hi everyone,
I am looking to open a new salon in a booming new community, but have some reservations and am looking for advice. I just moved to a new community outside Tucson, Az that has doubled its size in the last 2 years, the current approx population is 7k. A new shopping center has been open for about 3 months now and seems to have a good amount of traffic. It is about a mile from a freeway exit, but not visable from the freeway. Also, accessable from a main rd that people take to and from the freeway. There are also other complimentary businesses in the center, a nail salon, hair salon, Curves, and dance studio. Also, there is NOTHING, not even a grocery store, but this shopping center in the community for about 15min drive. Our closest competition is a 20min drive. The center has two available spaces, one ~1700 sq ft. floor level - rent: 4500/mo, the other also floor level ~ 1000 sq ft. on the corner - rent: 2400/mo. I have also thought of adding two rooms for massage and an esthetician. My concerns are as follows:
- Would we be able to generate enough
income to support the expenses?
- Which space would be better for a new salon?
- Should we stick with just tanning or offer other services (i.e. massage/skin care)?
- How many beds should we start with?
- I was surprised to find people in AZ tan, I guess I'm a bit naive just moving from Ca, does the tanning slow down in the summer in sunny states as such?
- Does this sound like a good idea, or am I jumping in over my head and should wait until the community grows a bit?
Any and all advice is appreciated!! Thanks!