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Old 01-15-2015, 07:18 AM   #11 (permalink)
 
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Re: VICTIM or COINCIDENCE?

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Originally Posted by sunsally View Post
Could be any of a number of reasons:

1. 10 years in - lease is up for renewal, didn't like terms to continue

2. 10 years in - equipment getting dated, didn't want to reinvest

3. 10 years in - tired of it, ready to move to something different

4. Demos - just because it is a "nice, upscale area" - does NOT ensure good tanning demos. In fact, the more highly educated may be MORE susceptible to the anti-tan message!

5. Competition - PF took more of their pie than they want to give up. But if this is a new center and new gym, doubt that would be enough to drive them out in that short a time frame

6. Landlord dispute - relocating



Not sure I see it as victim or coincidence - maybe just a good business (or personal) decision?
It could be a lease issue, but if the business was doing well, you would just relocate it.

It could be personal, but again if it was doing well why not sell it?

Over 95% of the time a small business closes, it was not putting out the numbers for it to continue, relocate, sell etc. It failed.
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Old 01-15-2015, 07:32 AM   #12 (permalink)
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Re: VICTIM or COINCIDENCE?

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Originally Posted by Tony View Post
more likely they just didnt do enough sales to make a profit. Thats why 98% of salons close!
Exactly. Even with NO debt, if you have little sales, you can't pay the monthly re-occurring bills, let alone the over $5000 RE taxes, and insurance. I finally have come to the conclusion, that the 4 fitness centers. all with tanning beds, have taken too big of a piece of my pie.
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Old 01-15-2015, 12:48 PM   #13 (permalink)
 
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Re: VICTIM or COINCIDENCE?

This is starting to sound like all that back and forth I hear on CNN and HLN. Why get all bothered over something no on one here has definitive answers for. IMO all this back and forth guessing game is only hurting us. You do know that negativity begets negativity. Maybe there was a death in the family. Who knows and who cares.
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Old 01-15-2015, 12:54 PM   #14 (permalink)
 
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Re: VICTIM or COINCIDENCE?

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Originally Posted by Tony View Post
more likely they just didnt do enough sales to make a profit. Thats why 98% of salons close!
That is why 100% of salons fail.
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