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Old 08-21-2007, 11:41 PM   #22 (permalink)
lindaman
 
Join Date: Oct 22 2006
Location: wakefield ma
Posts: 16
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Re: Buying a 14 yr old salon

LTAYLOR< Get all the financials, get all prepaid purchases in writiing, expire them after a certain time frame, deduct them from the purchase price, if not, assets are less than purchase price, call mfg about resale value of equipment, depreciations etc. find out utilitiles, incorporate into monthy fees, and compare to monthly sales, are you ><=. Dont strap yourself. whether you think so or not, you are in the drivers seat. get your stuff down on paper and present what you think is a fair price. if they are on an automated system you can get a printout of all sales. demand it. it tells all. suntouch, sunease, fts,etc. Good Luck
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