11-16-2006, 07:50 PM | #1 (permalink) |
Join Date: Nov 16 2006
Posts: 4
Rep Power: 0 | Buying an exsisting salon I am looking at buying an exsisting salon in my town. It has been open for 18+ years and has been profitable the entire time. The last 5 years alone the owner has taken home over 70,000 a year. The guy is asking 175,000 for the business and all assests. I can probly talk him down from there. I just wonder if the Tanning business is stable in general, is it something going out the window? There is alot of competition in the general area but none in the immediate area of this place none withing 5 miles. The business has no uv free tanning, wondering if I should add that or not... I would be paying all cash for the business, and for the uv tanning if I added it. I just don't know if buying a like magic tan 3000 or a versaspa would be worth it. I am going into this business new and really wondering what everyone thinks. thanks |
11-16-2006, 08:55 PM | #2 (permalink) |
Join Date: Nov 16 2006
Posts: 4
Rep Power: 0 | Re: Buying an exsisting salon Just a quick note about the salons current beds. It has 20 - 30 minute beds 1 15 minute VHR lay down bed 1 12 minute stand up 1 7 minute stand up With an in house hair and nail salon Let me know something salon folks |
11-16-2006, 09:35 PM | #4 (permalink) |
I love Derf!! Join Date: Apr 13 2004 Location: West Coast Age: 57
Posts: 436
Rep Power: 22 | Re: Buying an exsisting salon How long can you assume the lease for? What would happen if someone opens 3 blocks away? Can your salon compete with a new one? Which one of you would stay in business? The only thing that changes faster than a tanning salon owner is a coffee drive up. |
11-17-2006, 12:15 PM | #9 (permalink) |
Join Date: Jul 17 2001 Location: Washington/PNW
Posts: 181
Rep Power: 23 | Re: Buying an exsisting salon Saboti, You might not get any straight answers this time of year we are all a little sarcastic, its the slowwwwwwwwwww season. Good luck on your choice do your reeeeeesearch, it is hard to tell when we don't know your location, and so many factors determine each area H-Holidays
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11-17-2006, 12:16 PM | #10 (permalink) |
Join Date: Jul 17 2001 Location: Washington/PNW
Posts: 181
Rep Power: 23 | Re: Buying an exsisting salon By the way my birds are thirsty then hungry and I have no money bboooo hhoooo I am always left out waaaaaaa
__________________ Catching new clients, think my avatar will help |
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