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Old 08-21-2007, 01:46 PM   #1 (permalink)
ltaylor
 
Join Date: Jan 5 2006
Location: georgia
Posts: 54
Rep Power: 0 ltaylor is on a distinguished road
Buying a 14 yr old salon

I am considering buying an existing tanning salon. It has been in business since 1993 and has a well established client base. The owner has started over 20 salons and sold them. She has held on to this location the longest of any other location. The salon has 10 beds consisting of 7 reg beds 2 super beds and 1 stand up bed. The salon brings in over 90K in sales and nets about 40k. Asking price is 55k. Does this sound like a good deal?
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