Purchasing an Established Salon - Page 2 - tanTALK

engfant · 08-11-2008, 12:47 PM

Quote:

Originally Posted by zrealtor

We have discussed this certification, as well as, the NTTI, or both. A local salon certifies through NTTI so, I'm sure what one's the best to go with or try doing both to reiterate that we believe in education about tanning. How do you think the conventions have changed? By the way, thank you for your response.

The only real certification you need is A BACKGROUND IN BUSINESS. These other tanning certs are nice for an intro on how tanning works or insurance discounts or whatever but hardly necessary in terms of education.

Get into the science of tanning and you'll be ahead of 90% of the other salons in the area. People have NO CLUE why your skin even tans or what tanning lotion is for.

Real easy stuff but people just refuse to listen/learn.

zrealtor · 08-11-2008, 03:24 PM

Quote:

Originally Posted by engfant

"This guy reports that the salon had a net profit of $20k last year with 2 employees and him never working. He owns 2 other businesses and combines all the businesses together in regards to banking and for tax purposes."

See, my problem is that this tells you nothing. You need actual GROSS REVENUE of this place. What it took in TOTAL. You don't care about what the owner isn't paying for to come to this profit. If it needs $20K in tanning lamps/beds/repairs then there's really no profit.

But that's all small talk cause it's all about what the salon is list price is. If it's $100K then run for the hills. If it's $20K then you have something there.

I will try to find out the gross as soon as I get a response from him. I've been doubting him since he seems a little disorganized. But thank you so much for your help.

zrealtor · 08-11-2008, 03:26 PM

Quote:

Originally Posted by engfant

The only real certification you need is A BACKGROUND IN BUSINESS. These other tanning certs are nice for an intro on how tanning works or insurance discounts or whatever but hardly necessary in terms of education.

Get into the science of tanning and you'll be ahead of 90% of the other salons in the area. People have NO CLUE why your skin even tans or what tanning lotion is for.

Real easy stuff but people just refuse to listen/learn.

Ok. That's good. I'm trying to learn what I can but it's certainly different from other things I've learned in life. Thanks again.

TanningQueenNC · 08-13-2008, 02:36 PM

Absolutely go to the conference before you purchase anything. That is where you can network with so many salon owners and really did deep for answers to all your questions. I have purchased two up and running salons and pretty much gave them a full facelift to make them mine. As far as the location...a salon 10 miles away is not competition so don't even worry about how they do, if anything the people closer to you will quit driving so far once they realize there is a better salon closer to them. BOOK NASHVILLE!!!

zrealtor · 08-13-2008, 09:45 PM

When purchasing new beds, is there negotiating room on the price? Is it like a car with wiggle room or like regular retail items that the price is set firm?

TomorrowSun · 08-13-2008, 10:20 PM

yes there is, where are you from and what are you looking for?

zrealtor · 08-13-2008, 10:51 PM

Quote:

Originally Posted by TomorrowSun

yes there is, where are you from and what are you looking for?

Humble, TX. I'm not sure what I'm looking for exactly yet. Just trying to figure out a mix of beds that would be good and trying to determine how much I'm looking at spending.

eileen · 08-13-2008, 11:01 PM

they'll be on you like flies on flypaper now. lol
yes there is always room to negotiate. :)

zrealtor · 08-13-2008, 11:11 PM

Quote:

Originally Posted by eileen

they'll be on you like flies on flypaper now. lol
yes there is always room to negotiate. :)

haha. Well, I'm still trying to figure out a lot of stuff. I'd rather not waste anyone's time. I'm really just wondering and trying to prepare myself for a grand total to determine if I can actually make plans to do something with.

zrealtor · 08-13-2008, 11:32 PM

Quote:

Originally Posted by TanningQueenNC

Absolutely go to the conference before you purchase anything. That is where you can network with so many salon owners and really did deep for answers to all your questions. I have purchased two up and running salons and pretty much gave them a full facelift to make them mine. As far as the location...a salon 10 miles away is not competition so don't even worry about how they do, if anything the people closer to you will quit driving so far once they realize there is a better salon closer to them. BOOK NASHVILLE!!!

Ok. I will def. try to arrange and book this within the next couple of days. I hope we get the opportunity to meet you out there. We look forward to meeting people willing to give advise and help others looking into this business.

08-13-2008, 02:36 PM	#14 (permalink)
TanningQueenNC Join Date: Aug 12 2008 Location: Raleigh/Cary NC Posts: 7 Blog Entries: 1 Rep Power: 0	Re: Purchasing an Established Salon Absolutely go to the conference before you purchase anything. That is where you can network with so many salon owners and really did deep for answers to all your questions. I have purchased two up and running salons and pretty much gave them a full facelift to make them mine. As far as the location...a salon 10 miles away is not competition so don't even worry about how they do, if anything the people closer to you will quit driving so far once they realize there is a better salon closer to them. BOOK NASHVILLE!!!

08-13-2008, 09:45 PM	#15 (permalink)
zrealtor Join Date: Jun 29 2008 Posts: 20 Rep Power: 0	Buying New Beds When purchasing new beds, is there negotiating room on the price? Is it like a car with wiggle room or like regular retail items that the price is set firm?

08-13-2008, 10:20 PM	#16 (permalink)
TomorrowSun I love Derf!! Join Date: Apr 5 2006 Location: British Columbia Age: 51 Posts: 447 Rep Power: 19	Re: Buying New Beds yes there is, where are you from and what are you looking for? __________________ www.islcovetravel.com

08-13-2008, 11:01 PM	#18 (permalink)
eileen Join Date: Feb 10 2005 Posts: 8,304 Rep Power: 35	Re: Buying New Beds they'll be on you like flies on flypaper now. lol yes there is always room to negotiate. :) __________________ "under exposure to UV rays is as dangerous as overexposure....this is D life" eileen

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