| Re: WHAT A SALON IS WORTH
Boy, good question. Considering the things you describe, I would tend to walk away. Amazing how much a good modern bed costs new and how little they get when selling used. People are looking for new style stuff like the new improved Versa Spa, the Ergoline Sun Angel, etc.
I see couples sinking their life savings into a salon only to find out that the real money is selling beds, parts and repairs. I'm ashamed at how the owners are treated by dirt bag repair companies in my area. There is no honesty involved here, making a customer keep a popular bed down for 2 weeks then charging them $100 an hour for crapy work.
Between these folks, power bills, insurance, unneeded government oversight, building lease payments, wages, commissions, material theft, etc I'm always surprised anyone would want to spend 7 days a week 16 hours a day in this business. |