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Old 12-22-2005, 06:38 PM   #1 (permalink)
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Baffling Question

Here I am just a patron of salons and listening to all of you salon owners, thinking to myself... "How do they all afford all of these 20,000 dollar beds when you havent been in business that long? So that is my question... how can afford them when you are starting the salon?!?! Loan, rich to begin with, please share... curiosity was killing me. =)
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Old 12-22-2005, 06:49 PM   #2 (permalink)
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Re: Baffling Question

Most are leases, I'd assume. We have spent close to 250K in equipment. We just paid them off. Been in business for @2.5 yrs.
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Old 12-22-2005, 07:00 PM   #3 (permalink)
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Re: Baffling Question

Leasing 8 beds for 2500 a month for 36 months
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Old 12-22-2005, 07:04 PM   #4 (permalink)
 
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Re: Baffling Question

I financed the whole $220K with my own money. Sometimes I wonder if that was a smart move.
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Old 12-22-2005, 07:07 PM   #5 (permalink)
 
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Re: Baffling Question

We are a small town so we started off small. 3 units and spray tanning . About 12K is what we invested.
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Old 12-22-2005, 07:08 PM   #6 (permalink)
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Re: Baffling Question

if i had that kind of bucks i would have bought a mcdonalds LOL
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Old 12-22-2005, 08:59 PM   #7 (permalink)
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Re: Baffling Question

GEEEEEEEEEZ Club, paying 220,000 all by yourself...... wow. And congrats on become a new "police officer"!
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Old 12-22-2005, 11:21 PM   #8 (permalink)
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Re: Baffling Question

I hook on the side to help make "ends" meet.
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Old 12-23-2005, 12:19 AM   #9 (permalink)
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Re: Baffling Question

you do not.
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Old 12-23-2005, 02:52 AM   #10 (permalink)
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Re: Baffling Question

Well, ok. But I'm hoping it will help ends meet some day. I think they'd really like each other.
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