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Old 05-02-2007, 10:22 AM   #20 (permalink)
jaypop
 
Join Date: Apr 8 2007
Age: 29
Posts: 20
Rep Power: 0 jaypop is on a distinguished road
Re: how did you start?

YOU GUYS ARE GREAT TO SPEAK WITH. THERE IS A BUILDING THAT USE TO BE A SALON/HEALTH CLUB IT 6700 SQFT AND IS READY FOR 12 BEDS RIGHT NOW (NEEDS A LITTLE PAINT AND NEW STORE FRONT BUT THAT IS IT. THEY WANT 275K FOR THE BUILDING WHICH IS A GREAT BUY. THE PROBLEM IS THAT IF I OPEN IN THE SMALLER LOCATION THAT IS ONLY 3 MILES AWAY SOMEONE WILL COME IN AND BUY THE PLACE AND I WOULD NEVER HAVE A CHANCE TO BUILD A CLIENT BASE. ONE OF THE PROBLEMS THAT I AM SEEING IS THAT IF I DO GO TO THAT BUILDING THAT USE TO BE A SALON THEN WILL I RUN INTO THE PROBLEM OF PEOPLE NOT WANTING TO COME TO ME BECAUSE IT USE TO BE A SALON AND THEN CLOSED OR BECAUSE I WILL OFFER A BETTER SERVICE THAN ANYBODY IN A 20 MILE RANGE WILL I GET LOYAL CUSTOMERS RIGHT OFF THE BAT. ALSO I HAVE NOT HAD A CHANCE TO EVER SEE A SALONS P&L SHEET I KNOW THE SLOW SEASON SUCKS AND YOU HAVE TO GET AND PACK AWAY ALL YOU CAN IN THE BUSY BUT HOW MUCH OF YOUR YEARLY INCOME IS IN THAT PERIOD OF TIME? I KNOW NOBODY SHARES # AND EVERY MARKET IS DIFFERENT BUT WHAT HAVE YOU GUYS EXPERIANCED? ALL I WAS LOOKING FOR IS PERCENTAGES. FROM WHAT I HAVE SEEN SO FAR THE PROFIT HAS BEEN ANYWHERE FROM 25-35% BUT HOW MUCH OF THAT IS FROM THAT 4-5 MONTH PERIOD?
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