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 08-23-2005, 03:10 PM   #1 (permalink)
 
Join Date: Aug 23 2005
Posts: 1
Rep Power: 0 conipat is on a distinguished road
I have a friend that owns an exisiting salon (that was open for 2 years), with 4 beds that has been closed for the past 1.5 years becuase the she inherited a chunck of money and did not want to be tied to a business anymore because she travels alot. The place had good business when it was open but her records are not the best kept so I cannot get a firm firgure. The beds are older, 1 VHR and 3 others and the building is fully furnished, basically it is ready to go, it just needs someone to manage it. I asked her what she is going to do with it because it just sits there and she told me to open it back up. She said she will not even charge me a lease until after jan. or feb when business picks up. What are some of the things I need to do to attract business to a forgotten salon? And are the beds outdated if they are 4 years old? She owns the beds, no lease. any comments or suggestions are appreciateed. I do not want to throw myself into something I am unprepared for.
conipat is offline   Reply With Quote
Old 08-25-2005, 01:30 PM   #2 (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
If she indeed "inherited" a big chuck of money, than this would have been a perfect tax situation for her. Not!
West Side Tanner is offline   Reply With Quote
Old 08-25-2005, 03:39 PM   #3 (permalink)
Team TanTalk
 
Join Date: Nov 23 2004
Location: ITA Member & Berman Supporter!
Posts: 3,136
Rep Power: 25 sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute sunsally has a reputation beyond repute
With only 4 beds, you will probably not make enough to pay the lease and electricity, let alone "pay" yourself anything significant (or pay someone else). Tanning is very seasonal (makes 75% of the year's money in about 5 months).

So - since she "owns" the beds - she is just giving them to you? Or are you the "manager" and she still owns the salon?
sunsally is offline   Reply With Quote
Old 08-26-2005, 06:00 PM   #4 (permalink)
DERFTALK FBI AGENT
 
Join Date: Jul 29 2003
Location: northeast
Age: 48
Posts: 3,632
Rep Power: 46 caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute caribbean tan man has a reputation beyond repute
what happened to all the tanners when she closed did they loose out on tans? are they peeed off? could you put at least 2 new beds? u will probally need to change the name will she let you? the tanners that were there before most likely wont come back to a place that suddenly closed you will need to change the name and add some equipment and treat it as a new business good luck
caribbean tan man is offline   Reply With Quote
Old 08-27-2005, 12:50 PM   #5 (permalink)
 
Join Date: Jan 27 2005
Posts: 251
Rep Power: 20 BigLeo has a spectacular aura about BigLeo has a spectacular aura about BigLeo has a spectacular aura about
It's nice of her not to charge you any rent. If she truly inherited a lot of money, then she won't mind not chargeing you for all of 2006. Free rent for a friend. Tell her you will need all the help you can get and you really need a big open hand from her. And find out the demographics for the location and who the competitors are. You really need to do some homework to determine if the location is a good one. See some of my previous posts for the info.
BigLeo is offline   Reply With Quote
Old 08-27-2005, 12:51 PM   #6 (permalink)
Mr. b
 
mr belvedere's Avatar
 
Join Date: May 10 2005
Age: 54
Posts: 7,247
Rep Power: 68 mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute
I'd get new friends. This thread has been dee-mod-u-lay-ted.
mr belvedere is offline   Reply With Quote
Old 08-27-2005, 12:52 PM   #7 (permalink)
 
ramcat's Avatar
 
Join Date: Oct 26 2004
Location: Florida
Posts: 2,262
Rep Power: 21 ramcat is a splendid one to behold ramcat is a splendid one to behold ramcat is a splendid one to behold ramcat is a splendid one to behold ramcat is a splendid one to behold ramcat is a splendid one to behold
You've already received some very good advice. If I were you, I would tell her thanks, but I'll pass.
ramcat is offline   Reply With Quote
Old 08-28-2005, 04:53 AM   #8 (permalink)
Mr. b
 
mr belvedere's Avatar
 
Join Date: May 10 2005
Age: 54
Posts: 7,247
Rep Power: 68 mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute mr belvedere has a reputation beyond repute
My neck hurts.
mr belvedere 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
buying a salon, is this a good opportunity? caseyc New To The Tanning Business 3 09-10-2005 12:37 PM
Buying an existing salon - how much is too much??? SmileyGal New To The Tanning Business 4 09-03-2005 01:27 PM
Considering an existing salon and would like some input kjloehlein New To The Tanning Business 11 08-02-2005 06:01 PM
Purchase an existing salon susanlatte New To The Tanning Business 3 09-15-2003 10:07 PM
Buying a distressed salon Larry Tanning Salon Management 4 06-20-2002 08:21 PM


All times are GMT -5. The time now is 03:26 PM.


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!