Go Back   tanTALK - Tanning Salon Business Owners Community > TanTalk Central > New To The Tanning Business

New To The Tanning Business Interested or Future Salon Business Owners discuss Topics Here and Ask Questions To The Pros.

Reply
 
LinkBack Thread Tools
Old 06-18-2005, 06:48 PM   #1 (permalink)
 
Join Date: Jun 18 2005
Posts: 2
Rep Power: 0 vallie418 is on a distinguished road
Hi! Can anyone tell me if this is a good deal or not? Asking $69K for salon. Includes: 4-wolff sunvision 28 LE reg.beds (year2002), 1- 28 lamp with 2 facials/ wolff sunvision 28LE, 2F; 3- super beds, 32 bulbs with facials/wolf sunstar. Salon also includes furniture, w/d....She says she has 200 active clients however she has no software program to prove this. Everything is done manually. Her income taxes say she grossed an average of 43K per year during the past three years she has been opened. The location in our small town is off a main road and they are currently opening a gym and the "largest walmart in america" on the same strip. To be finished by years end or so. Please help! Thanks..
vallie418 is offline   Reply With Quote
Old 06-18-2005, 10:05 PM   #2 (permalink)
I love Derf!!
 
Ezliving_Jim's Avatar
 
Join Date: Mar 12 2002
Location: Undisclosed Secure Location
Posts: 2,636
Rep Power: 26 Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future Ezliving_Jim has a brilliant future
Owner thinks she is holding the winning lottery ticket. She's not.

Learn to use the search function on this forum. Do your homework. Write a business plan. There's no rush to buy the salon. It's not going anywhere with that kind of asking price.
Ezliving_Jim is offline   Reply With Quote
Old 06-18-2005, 10:22 PM   #3 (permalink)
I'm Banned
 
MATT A's Avatar
 
Join Date: Sep 6 2004
Posts: 13,921
Rep Power: 0 MATT A is an unknown quantity at this point
Jim is right.
MATT A is offline   Reply With Quote
Old 06-18-2005, 10:49 PM   #4 (permalink)
 
Join Date: Feb 14 2004
Location: Florida
Posts: 131
Rep Power: 21 planatan is on a distinguished road
Grossing only 43K after 3 years of business? Net must be around 20K, might as well get a job at Wal-Mart!!!
Why would anyone buy a salon that has track record of making no real money!

Look for a salon grossing around 150K. If you are going to be the main person working in the salon at least make it worth your time.
planatan is offline   Reply With Quote
Old 06-19-2005, 12:01 AM   #5 (permalink)
OFFICIAL BFF member
 
SandiGirl's Avatar
 
Join Date: Jan 2 2005
Posts: 2,481
Rep Power: 51 SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute SandiGirl has a reputation beyond repute
Grossed $43,000? Not good. What's the rent and other bills? Doesn't leave much. I'd be curious of why that's so low.
SandiGirl is offline   Reply With Quote
Old 06-19-2005, 07:51 AM   #6 (permalink)
 
Neon Beach's Avatar
 
Join Date: Nov 30 2000
Location: Ontario
Age: 61
Posts: 38,594
Rep Power: 107 Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute Neon Beach has a reputation beyond repute
"owner had baby, wants to sell"

I thought they wanted to sell the baby.
Neon Beach is offline   Reply With Quote
Old 06-19-2005, 08:41 AM   #7 (permalink)
 
navigatin1's Avatar
 
Join Date: Aug 17 2004
Posts: 2,901
Rep Power: 21 navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold navigatin1 is a splendid one to behold
Quote:I thought they wanted to sell the baby.

You really do need to lay off the monkey juice!
navigatin1 is offline   Reply With Quote
Old 06-19-2005, 09:43 AM   #8 (permalink)
 
Join Date: Dec 27 2003
Location: Florida
Posts: 1,818
Rep Power: 21 West Side Tanner has a spectacular aura about West Side Tanner has a spectacular aura about West Side Tanner has a spectacular aura about
Quote:
On 2005-06-19 07:51:00, Neon Beach wrote:
"owner had baby, wants to sell"

I thought they wanted to sell the baby.




"How much is that baby in the window"?[ This Message was edited by: West Side Tanner on 2005-06-19 09:44 ]
West Side Tanner is offline   Reply With Quote
Old 06-20-2005, 04:54 PM   #9 (permalink)
 
X-Treme Tropix's Avatar
 
Join Date: Dec 22 2003
Location: MO
Posts: 274
Rep Power: 21 X-Treme Tropix will become famous soon enough
Owner probably would get more selling baby than the salon LOL!!
X-Treme Tropix is offline   Reply With Quote
Reply

Bookmarks



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
What would you do????? tan4utwo General Tanning Industry Discussions 12 04-23-2005 11:16 AM
Quick Sell on Sunquests - Owner Relocating Ginger2110 For Sale - FOR SALON OWNERS ONLY 3 08-17-2004 11:57 PM
All about the COPYRIGHT by: Microsoft® Encarta® Encyclopedia 2000. cabosuntanning Tanning Salon Management 3 07-10-2003 04:01 PM
As a salon owner what are you doing to sell more indoor tanning products? Soakinuptherays Tanning Lotion Buzz 11 03-21-2002 08:57 AM


All times are GMT -5. The time now is 09:46 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0
Copyright 2009 - tanTALK.com

click here for advertising info!