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Re: I think I've come to the right place.
Does the salon have a data base? computerized? or are they just client cards? I would guess that an existing client base of 2-5 thousand names would be a 5K value to me.... it would cost me about 5K of advertising to bring in these clients.
Location? Is it a great location? Is there room for expansion? If so, might be worth a couple K for the location. All said, I wouldn't pay more that 15K... unfortunately, a lot of business owners think their businesses are worth a lot more and it becomes an ego issue.
Sunsally & Carribean tan man both give very good advice. Good Luck.
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