tanTALK - Tanning Salon Business Owners Community - wanting advice on buying a salon

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dbucktan

11-09-2005 10:19 AM

I have been offered a chance to buy 2 salons. I am trying to find out what might be a good price. They are in great locations and are doing a great amount of revenue right now. The beds are leased and he owes on them. There are 14 total beds. Any advice

tan17

11-09-2005 11:24 AM

open a head shop you will make more money in the end, IMO. LOL Its hard to say, How much does he owe on his lease?

bronzed_guy

11-09-2005 10:38 PM

my advice? Think Twice!

TheSolTan

11-10-2005 12:30 AM

Pray before You Buy!!!!!!

mr belvedere

11-10-2005 01:14 AM

When you're done with that, give us some more details. How far apart, how much revenue, how old are the beds, how long have the salons been in business in each location, what is the competition like, etc. You know, the little things.

MJ	11-10-2005 11:17 PM

If you have never ran a salon-----
two salons to start your learning curve, is like learnig to fly a jumbo jet first!
JMO

Ezliving_Jim

11-10-2005 11:23 PM

Good analogy. Think "crash and burn."

dbucktan

11-14-2005 08:09 AM

Thanks for the advise. I think I have decided to open one myself, it will cost less. he wanted way to much and on top of that owed a whole lot on the beds.

MJ	11-14-2005 08:53 AM

Good Luck and do your homework..it will make your life alot easier and your money go alot further.

Neon Beach

11-14-2005 09:13 AM

And make sure you have lots of it too!! Money that is.

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