to franchise or not? - Page 3 - tanTALK

caribbeancolor · 03-23-2006, 12:43 PM

Just checked out his profile...12 units...ouch, not good.

Mali · 03-23-2006, 12:56 PM

Quote:

Originally Posted by caribbeancolor

Again, I don't think so Malibu. I don't know his exact area, but I'm in a very small town with 4 big competitors and did over 17,000.00. I don't share royalties. He's gonna have to do much better to make it. Perhaps if he has 2 or 3 beds only...he'll do alright.

you dd 17,000.00 your first month open?? That is NOT possible. If that where the case everyone would own a salon in your town.

Are you understand he did 4,200.00 his FIRST month he was open? with very little advertising?

And if YOU HONESTLY made 17,000.00 your FIRST MONTH open, you need a award for that! You have successfully bet all the Industry standards.

caribbeancolor · 03-23-2006, 01:01 PM

Amazingly enough we did. We are right across from the college in town. We aren't in a strip mall...we have a freestanding building with plenty of parking. I have 8 units and an oxygen bar. I didn't know what a good profit would be, but by your post...17,000 is awesome. Thank you...I needed that!

Mali · 03-23-2006, 01:04 PM

You have 8 beds, and in one month did 17,000.00 How is that possible? what are your hours that you are open? How can with only 8 beds you actually see enough people to do 17,000.00, and in your first month.

And you are only 23, with those #'s by the time your my age, you should be a millionare!

Mali · 03-23-2006, 01:06 PM

Quote:

Originally Posted by caribbeancolor

I didn't know what a good profit would be, but by your post...17,000 is awesome. Thank you...I needed that!

17,000.00 was your PROFIT for your first month open?????

caribbeancolor · 03-23-2006, 01:15 PM

Malibu...i sent you a message

MATT A · 03-23-2006, 03:15 PM

17,000 your first month open is realistic with the proper location, equipment mix, and a highly trained staff. My salon did over 17k my first month open however I aslo have a larger overhead. Like Jeff said that is not good. 4,200 is by no means is good your first month open. Especially being a franchise in Febuary your numbers should higher than that.

Mali · 03-23-2006, 03:32 PM

Thats great. I opened in October of 04. 4,200.00 would have been nice.

caribbeancolor · 03-23-2006, 05:08 PM

Time of year Malibu. Very hard to get customers in during months they are less likely to show off skin! I am not looking forward to the "down time". I have been spoiled.

Mali · 03-23-2006, 05:52 PM

I live on a beach, our down time is not so bad really, people like to look like they live at the beach even when they can't go to the beach LOL. More likely it is your location and less salons in your area. There are 60 tanning salons in my town, not including hair salons and gyms with tanning...

03-23-2006, 12:43 PM	#21 (permalink)
caribbeancolor Pea In A Pod Join Date: Mar 20 2006 Location: Missouri Age: 41 Posts: 258 Rep Power: 120	Re: to franchise or not? Just checked out his profile...12 units...ouch, not good. __________________ Brooke & Lillie

03-23-2006, 01:01 PM	#23 (permalink)
caribbeancolor Pea In A Pod Join Date: Mar 20 2006 Location: Missouri Age: 41 Posts: 258 Rep Power: 120	Re: to franchise or not? Amazingly enough we did. We are right across from the college in town. We aren't in a strip mall...we have a freestanding building with plenty of parking. I have 8 units and an oxygen bar. I didn't know what a good profit would be, but by your post...17,000 is awesome. Thank you...I needed that! __________________ Brooke & Lillie

03-23-2006, 01:04 PM	#24 (permalink)
Mali I love Derf!! Join Date: Mar 25 2005 Location: Wilmington NC Age: 49 Posts: 2,104 Rep Power: 34	Re: to franchise or not? You have 8 beds, and in one month did 17,000.00 How is that possible? what are your hours that you are open? How can with only 8 beds you actually see enough people to do 17,000.00, and in your first month. And you are only 23, with those #'s by the time your my age, you should be a millionare!

03-23-2006, 01:15 PM	#26 (permalink)
caribbeancolor Pea In A Pod Join Date: Mar 20 2006 Location: Missouri Age: 41 Posts: 258 Rep Power: 120	Re: to franchise or not? Malibu...i sent you a message __________________ Brooke & Lillie

03-23-2006, 03:15 PM	#27 (permalink)
MATT A I'm Banned Join Date: Sep 6 2004 Posts: 13,921 Rep Power: 0	Re: to franchise or not? 17,000 your first month open is realistic with the proper location, equipment mix, and a highly trained staff. My salon did over 17k my first month open however I aslo have a larger overhead. Like Jeff said that is not good. 4,200 is by no means is good your first month open. Especially being a franchise in Febuary your numbers should higher than that. Last edited by MATT A; 03-23-2006 at 03:44 PM.

03-23-2006, 03:32 PM	#28 (permalink)
Mali I love Derf!! Join Date: Mar 25 2005 Location: Wilmington NC Age: 49 Posts: 2,104 Rep Power: 34	Re: to franchise or not? Thats great. I opened in October of 04. 4,200.00 would have been nice.

03-23-2006, 05:08 PM	#29 (permalink)
caribbeancolor Pea In A Pod Join Date: Mar 20 2006 Location: Missouri Age: 41 Posts: 258 Rep Power: 120	Re: to franchise or not? Time of year Malibu. Very hard to get customers in during months they are less likely to show off skin! I am not looking forward to the "down time". I have been spoiled. __________________ Brooke & Lillie

03-23-2006, 05:52 PM	#30 (permalink)
Mali I love Derf!! Join Date: Mar 25 2005 Location: Wilmington NC Age: 49 Posts: 2,104 Rep Power: 34	Re: to franchise or not? I live on a beach, our down time is not so bad really, people like to look like they live at the beach even when they can't go to the beach LOL. More likely it is your location and less salons in your area. There are 60 tanning salons in my town, not including hair salons and gyms with tanning...

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