Is this SUICIDE??? - Page 2

Mr Derf · 12-18-2007, 11:32 AM

maybe.

tanningchain · 12-18-2007, 11:45 AM

SUICIDE!!!!!!!!!!!!!!!!!!!!

If you wanna commit suicide.... buy my salon and we will do it together!!!!!!!!!

2tootie2 · 12-18-2007, 12:40 PM

have 6 beds,$3.00 for students and $4.00 non-students,Asking $100,000!

I like that ghetto math!

missmojorising · 12-18-2007, 02:15 PM

Have you seen any financials to justify the 100K asking price of the ghetto salon? If not, it would lead me to believe they are blowing smoke outta their a$$.

nlabtec · 12-18-2007, 03:51 PM

dont do it also take a long and i mean long time to sit back and understand this industry,because it isnt what it looks like.

thats what you need to do first before thinking any right now this industry is in a recontruction phase, sit back and watch how it gets build.

unity · 12-18-2007, 04:03 PM

Small town salon for 100k? Must be those new fancy gold plated bead with diamond encrusted controls.

Really no one here knows your town like you do. They key is to start small and expand from there. Partners with businesses all you can. If there is already a day spa, I would steer clear of those services. If there is not, you may want to run your business as two separate entities. You want to build both, but some people do not like getting a tan at a hair salon or listen to bed fans when getting a manicure.

But first you need to know why the salon closed and see how busy (camp out in a black van) the other salon is.

If you do it right you could re-vitalize the tanning in your town. But if done wrong or no interest, it could fail.

Tanzenite · 12-18-2007, 04:11 PM

Quote:

Originally Posted by jkonturas

..... are like DJ's, everyone wants to be one.

I don't want to be a DJ.

unity · 12-18-2007, 04:58 PM

I dont want to be one either, thats why I use the "shuffle" function

Muffin · 12-19-2007, 10:44 PM

Well usualy when you buy a business the general rule is your trying to regain the capital you invested in the following years to come. How fast you regain your capital depends on the industry your investing.

I've heard tanning owners say that they regain there capital in 5 years, but that seems a little high for me. That's like 15% a year.

missmojorising · 12-20-2007, 02:19 AM

Hey!! Muffin's back!

12-18-2007, 11:32 AM	#11 (permalink)
Mr Derf Vote Derf 4 Prez! Join Date: Jun 29 2006 Location: NE Age: 46 Posts: 2,470 Rep Power: 9	Re: Is this SUICIDE??? maybe.

12-18-2007, 11:45 AM	#12 (permalink)
tanningchain I love Derf!! Join Date: Oct 6 2007 Location: Chattanooga Posts: 195 Rep Power: 2	Re: Is this SUICIDE??? SUICIDE!!!!!!!!!!!!!!!!!!!! If you wanna commit suicide.... buy my salon and we will do it together!!!!!!!!!

12-18-2007, 12:40 PM	#13 (permalink)
2tootie2 Join Date: Aug 17 2007 Location: somewhere Posts: 107 Rep Power: 2	Re: Is this SUICIDE??? have 6 beds,$3.00 for students and $4.00 non-students,Asking $100,000! I like that ghetto math!

12-18-2007, 02:15 PM	#14 (permalink)
missmojorising I Love Derf! Who Doesn't? Join Date: Nov 17 2004 Location: Suite B4 Posts: 1,830 Rep Power: 13	Re: Is this SUICIDE??? Have you seen any financials to justify the 100K asking price of the ghetto salon? If not, it would lead me to believe they are blowing smoke outta their a$$. __________________ Step In To The Light, While Loving Derf. www.simplytantexas.com

12-18-2007, 03:51 PM	#15 (permalink)
nlabtec Join Date: Nov 30 2005 Location: Timonium Md Posts: 174 Rep Power: 0	Re: Is this SUICIDE??? dont do it also take a long and i mean long time to sit back and understand this industry,because it isnt what it looks like. thats what you need to do first before thinking any right now this industry is in a recontruction phase, sit back and watch how it gets build. __________________ Exclusive International

12-18-2007, 04:03 PM	#16 (permalink)
unity I vote for DERF! Join Date: Jan 6 2004 Location: Midwest-ish Posts: 3,338 Rep Power: 6	Re: Is this SUICIDE??? Small town salon for 100k? Must be those new fancy gold plated bead with diamond encrusted controls. Really no one here knows your town like you do. They key is to start small and expand from there. Partners with businesses all you can. If there is already a day spa, I would steer clear of those services. If there is not, you may want to run your business as two separate entities. You want to build both, but some people do not like getting a tan at a hair salon or listen to bed fans when getting a manicure. But first you need to know why the salon closed and see how busy (camp out in a black van) the other salon is. If you do it right you could re-vitalize the tanning in your town. But if done wrong or no interest, it could fail.

12-18-2007, 04:58 PM	#18 (permalink)
unity I vote for DERF! Join Date: Jan 6 2004 Location: Midwest-ish Posts: 3,338 Rep Power: 6	Re: Is this SUICIDE??? I dont want to be one either, thats why I use the "shuffle" function

12-19-2007, 10:44 PM	#19 (permalink)
Muffin I love Derf!! Join Date: May 28 2006 Age: 20 Posts: 43 Rep Power: 0	Re: Is this SUICIDE??? Well usualy when you buy a business the general rule is your trying to regain the capital you invested in the following years to come. How fast you regain your capital depends on the industry your investing. I've heard tanning owners say that they regain there capital in 5 years, but that seems a little high for me. That's like 15% a year.

12-20-2007, 02:19 AM	#20 (permalink)
missmojorising I Love Derf! Who Doesn't? Join Date: Nov 17 2004 Location: Suite B4 Posts: 1,830 Rep Power: 13	Re: Is this SUICIDE??? Hey!! Muffin's back! __________________ Step In To The Light, While Loving Derf. www.simplytantexas.com

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