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Old 04-27-2007, 03:57 PM   #1 (permalink)
 
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what are they worth??

Hey all,
I have a opportunity to buy a tanning salon already established, but I have a question. The beds that are being sold are 3 Tan America beds and one VIP series bed with face lamps. These beds are 6 years old and I was trying to figure out how much these are worth. I'm doing my research and talking with others to see if this is even a opportunity I should consider.

Any help would be appreciated.
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Old 04-27-2007, 03:58 PM   #2 (permalink)
 
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Re: what are they worth??

If you are buying a running business, then you need to factor in that actual revenue generated. If you are buying the beds salon free, then about $1000 each.
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Old 04-27-2007, 04:04 PM   #3 (permalink)
 
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Re: what are they worth??

It's not just the equipment you are buying........ Or did he say that? ^

Otherwise you'd get a salon for 10K
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Old 04-27-2007, 04:24 PM   #4 (permalink)
 
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Re: what are they worth??

I still have't got her to let me know if its a turn key or not. I'm going to meet up with her and figure all that out. The deal includes the beds and the clients, she said 4000 new and old. But I would like to know how many current, because 4000 seems like a ton.

I will be buying the tanning beds, and if i wanted to continue having the salon in that location I would have to rent it from the landlord. It is a 1250sq ft place.

I'm trying to price everything out to see if its even a good deal for just the equipment and take it from there.
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Old 04-27-2007, 04:32 PM   #5 (permalink)
 
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Re: what are they worth??

Well be ready to factor in "goodwill" aka clients in the database current or not. 4000 is not much, how old is the business?
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Old 04-27-2007, 05:06 PM   #6 (permalink)
 
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Re: what are they worth??

The business I believe is 6 years old. It currently is a hair salon with tanning. The person who owns it now is the second owner, who bought it 3 years ago. She said she wants to sell the tanning side, her lease is up in June.
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Old 04-27-2007, 05:39 PM   #7 (permalink)
 
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Re: what are they worth??

I see? meh I'd pass.
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