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KaseyandTheSun 11-16-2016 07:37 PM

Seven Room Salon
 
A seven room salon just came up the owner just recently sold her equipment and it's completely empty. Thinking about opening a salon but don't know where to start... Help!

tanu01 11-17-2016 12:19 PM

Re: Seven Room Salon
 
Why did she close ?

KaseyandTheSun 11-17-2016 12:22 PM

Re: Seven Room Salon
 
Quote:

Originally Posted by tanu01 (Post 15093916)
Why did she close ?

She couldn't afford to keep it open and a bigger salon moved down the street... I already have some ideas I could do with it and maybe have some investors.... but don't know where to start...

tanu01 11-17-2016 02:32 PM

Re: Seven Room Salon
 
If you need investors - its all ready a bad idea.

suntangod 11-18-2016 09:38 AM

Re: Seven Room Salon
 
You joined this forum june 2013 and you dont know anything about anything?

Black Sun 11-20-2016 05:19 PM

Re: Seven Room Salon
 
Quote:

Originally Posted by KaseyandTheSun (Post 15093917)
She couldn't afford to keep it open and a bigger salon moved down the street... I already have some ideas I could do with it and maybe have some investors.... but don't know where to start...

Is this a joke?

A BIGGER SALON moved down the street, forcing this place to go under, and you want to re-open?? With Investors?

What Kool-aide are you drinking?

sunsally 11-21-2016 09:57 AM

Re: Seven Room Salon
 
The problem with a 7 room salon is that, ultimately, you only have 7 rooms from with to make revenue. That size is one that can be VERY hard to turn into much more than a 70 hour/week job for the owner.

If you DID go forward, you would probably want to do more of a "boutique" higher end salon. But the room sizes and electric and HVAC probably won't support that without an upgrade.

Equip for a 7 room salon --- if you did a "traditional" mix (that doesn't sound like it would be profitable in the situation you describe) could be done for under 20K to 50K used. Doing a high end boutique mix might be more like 50-100K.

All in, with licensing, insurance, upgrading electric, upgrading HVAC, maybe working on room size changes, getting new signage, inventory, towels, decor, product inventory,....... AND your equip --- you would be looking at anywhere from 50K to 200K all in. But the 50K end --- would be VERY unlikely to be a good investment for you.

kookyguy 11-21-2016 07:28 PM

Re: Seven Room Salon
 
Quote:

Originally Posted by KaseyandTheSun (Post 15093917)
She couldn't afford to keep it open and a bigger salon moved down the street... I already have some ideas I could do with it and maybe have some investors.... but don't know where to start...

Just start with 1 small 24 lamp bed and no signage, hire 3-4 full time employees and start living the dream!

Once you have been open 6 months or so and have made your first million, bring in a 2nd 24 lamp bed. Then once a year bring in another 24 lamp bed until all the rooms are full.

You can do it, I just know you can! You're gonna do so great!

tanu01 11-21-2016 08:30 PM

Re: Seven Room Salon
 
Quote:

Originally Posted by kookyguy (Post 15093963)
Just start with 1 small 24 lamp bed and no signage, hire 3-4 full time employees and start living the dream!

Once you have been open 6 months or so and have made your first million, bring in a 2nd 24 lamp bed. Then once a year bring in another 24 lamp bed until all the rooms are full.

You can do it, I just know you can! You're gonna do so great!

Back in the 90's...................

kookyguy 11-21-2016 09:16 PM

Re: Seven Room Salon
 
Quote:

Originally Posted by tanu01 (Post 15093964)
Back in the 90's...................

The 90s will be back in about 75 years! :icon_wink:


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