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Old 10-14-2009, 02:47 PM   #10 (permalink)
kbsunlover
 
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Join Date: Oct 12 2009
Location: Washington State
Age: 38
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Re: HELP ME!!! Maybe Purchasing First Salon!!

In 2007 the salon made $188,709.62 in 2008 the salon made $151,127.47
(so the economy was crappy durring those years)
I'm not sure the % is, but i'm sure it's down because of the economy. When I look at the like say September 2008, we made we $1,000 less this September 2009.
Monthly rent is $1,500 until January 2010, when I would have to re-negotiate. And Hope to keep it around $1,500 because they dont want empty spaces on this strip mall.
Average Utility bills for say June: Power/Water- $500.01, Gas- $15.91, Phone/Internet- $96.41, Accountant- $150.00, Salon Insurance- $145.67. So June is a busy month. So I used what the most expensive time in for bills are. Obviously everything drops when its slower.
There is one room open that I could put something in. I dont know what tho. I thought a Spary Booth. But no room to expand like knocking down walls kind of expand. There is a water cooler that could be a monthly obligation, but I plan on getting rid of it. I would have our number in the yellow pages, but not like a ad.
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