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RiveraTan · 08-21-2007, 11:39 PM

I purchased my 12 bed tanning salon almost 2 years ago and I am 6 beds newer and 200k in on renavations. I don't mind as I have taken a 80k a year biz up to $130k by my second year and growing by 30% every year.

If the tanning equipment is as old as the salon then it's not worth $55k more likley around 30k. You will start replacing it in your first 2 years and then start running into more problems than you need on a new start. With all the mom and pop salons closing there is alot of nice equipment out there cheap and at $55k I could start a new one.

Since your husband is in construction your build out would be cheap too, think I would start a new salon. IF YOU BUILD THEY WILL COME!!!

08-21-2007, 11:39 PM	#21 (permalink)
RiveraTan Join Date: Sep 1 2005 Location: IL Age: 33 Posts: 34 Rep Power: 0	Re: Buying a 14 yr old salon I purchased my 12 bed tanning salon almost 2 years ago and I am 6 beds newer and 200k in on renavations. I don't mind as I have taken a 80k a year biz up to $130k by my second year and growing by 30% every year. If the tanning equipment is as old as the salon then it's not worth $55k more likley around 30k. You will start replacing it in your first 2 years and then start running into more problems than you need on a new start. With all the mom and pop salons closing there is alot of nice equipment out there cheap and at $55k I could start a new one. Since your husband is in construction your build out would be cheap too, think I would start a new salon. IF YOU BUILD THEY WILL COME!!!