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Old 10-29-2005, 11:31 AM   #1 (permalink)
 
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What are the best steps in Selling a Tanning Salon.
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Old 10-29-2005, 12:19 PM   #2 (permalink)
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Try this... http://www.salonsforsale.com/
Hope it helps and good luck
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Old 10-29-2005, 12:26 PM   #3 (permalink)
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As a buyer, these are a few of the things I would like to see detailed on a fack sheet.

* Complete list of equipment and fixtures. Age and hours on beds. Maintainence records. Age of laundry equipment. Leases?
* Type of salon software used, version. Computer specs.
* Access to high speed internet, cable tv.
* Number of amps of power, single or 3 phase.
* Sales breakdown for the last 3 years, by month (tanning, lotion, EFT, misc, etc.)
* Tax filings for the last 3 years.
* Details of all products and services offered.
* Number of EFT clients for the last 3 years. Number of EFT transactions by month and average EFT transaction amount.
* Copy of all current tanning packages, programs.
* Pending litigation? Insurance claims? Leins?
* Number of sessions, by month, for the last 3 years. Share of sessions by bed level.
* Number of active clients in each of the last 3 years.
* Annual electric bill for the last 3 yearsand amount of 3 highest monthly bills.
* Size and age of HVAC.
* Copy of property lease. Name and phone number of landlord. Owner's written release to discuss/negotiate with landlord.
* Parking spaces available.

Advertise salon for sale in local papers. Screen inquiries through your attorney. Avoid business brokers if possible. Negotiate directly with potential buyers.
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Old 10-29-2005, 04:48 PM   #4 (permalink)
 
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HAHAHA!!! Just found one of my NEW competetor's salon on that site...guess she couldn't hang even 6 months
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Old 11-03-2005, 08:50 PM   #5 (permalink)
 
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Hmmmmmmm? I'll have to post on that site.
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Old 11-04-2005, 05:59 PM   #6 (permalink)
 
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How much for just the truck?
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