Is a 4 bed salon worth $14,000 - tanTALK

videotanner · 10-13-2001, 11:44 PM

There is a 3 year old salon selling out in my town and they are asking $14,000. It has 3 beds, 1 stand up, 4 fans, 4 radios, a complete business. It will have to be moved to a new location. She says she has a customer base of 300 clients and is doing $30,000 a year in gross sales.

Does the gross sales and the purchase price seam low, high or abour right?????

totally tan · 10-14-2001, 01:07 AM

hi well at $30,000.00 thats only $577.00 a week . not good your paying $14,000.00 for 3 beds and 1 stand up thats not a good deal the beds are old. if they only did $30,000.00 a year how did they last 3 years ? walk away .

tangirl · 10-14-2001, 08:51 AM

Videotanner, you said that everything would have to be moved. Does this mean that you would have to do a buildout somewhere else? If so, you might want to consider that a buildout is going to cost you more than the business itself. Also, if you do have to move, you may lose some of those customers in the process.

ellas14 · 10-14-2001, 12:03 PM

Tangirl,
You took the words right out of my mouth.
I could not pay that much to **** it in
the toilet.

(edited for profanity)[ This Message was edited by: Bronze Star on 2001-10-14 15:41 ]

videotanner · 10-14-2001, 03:03 PM

Thanks for the info, If she was telling me the truth, 300 customer client base and doing $30,000 a year and you say that is pretty poor. Help me with a ballpark idea of what a 4 bed salon should gross in a year. If $30,000 if Low what is about normal, $60,000 or $90,000 or more ?????

Then how much are 3 beds a 1 HEX stand up all 3 years old worth, ballpark?

totally tan · 10-14-2001, 03:21 PM

Quote:
On 2001-10-14 14:03, videotanner wrote:
Thanks for the info, If she was telling me the truth, 300 customer client base and doing $30,000 a year and you say that is pretty poor. Help me with a ballpark idea of what a 4 bed salon should gross in a year. If $30,000 if Low what is about normal, $60,000 or $90,000 or more ?????

Then how much are 3 beds a 1 HEX stand up all 3 years old worth, ballpark?

hi well if your open 7 days a week from 9 to9 with 4 units you can only do 48 or 50 tans a day that = $168.00 a day @ $3.50 a tan or $240.00 a day @$5.00 a tan .
listen if you need beds dont get used . i can get new real cheap . email me a private message and we can talk about it. hope this helps megaken

totally tan · 10-14-2001, 03:23 PM

my email is tanreed@msn.com

BOBER96 · 10-15-2001, 10:28 AM

What kind of beds, how many hours, how old?
How big is the community it is on?
300 people over 3 years is, well....kind of not-so-good.
And yes, the buildout will cost you as much as the biz if not more.

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10-13-2001, 11:44 PM	#1 (permalink)
videotanner Join Date: Oct 10 2001 Posts: 6 Rep Power: 0	There is a 3 year old salon selling out in my town and they are asking $14,000. It has 3 beds, 1 stand up, 4 fans, 4 radios, a complete business. It will have to be moved to a new location. She says she has a customer base of 300 clients and is doing $30,000 a year in gross sales. Does the gross sales and the purchase price seam low, high or abour right?????

10-14-2001, 01:07 AM	#2 (permalink)
totally tan Join Date: Sep 1 2001 Posts: 40 Rep Power: 0	hi well at $30,000.00 thats only $577.00 a week . not good your paying $14,000.00 for 3 beds and 1 stand up thats not a good deal the beds are old. if they only did $30,000.00 a year how did they last 3 years ? walk away .

10-14-2001, 08:51 AM	#3 (permalink)
tangirl Join Date: Jul 6 2001 Posts: 1,875 Rep Power: 23	Videotanner, you said that everything would have to be moved. Does this mean that you would have to do a buildout somewhere else? If so, you might want to consider that a buildout is going to cost you more than the business itself. Also, if you do have to move, you may lose some of those customers in the process.

10-14-2001, 03:03 PM	#5 (permalink)
videotanner Join Date: Oct 10 2001 Posts: 6 Rep Power: 0	Thanks for the info, If she was telling me the truth, 300 customer client base and doing $30,000 a year and you say that is pretty poor. Help me with a ballpark idea of what a 4 bed salon should gross in a year. If $30,000 if Low what is about normal, $60,000 or $90,000 or more ????? Then how much are 3 beds a 1 HEX stand up all 3 years old worth, ballpark?

10-14-2001, 03:21 PM	#6 (permalink)
totally tan Join Date: Sep 1 2001 Posts: 40 Rep Power: 0	Quote: On 2001-10-14 14:03, videotanner wrote: Thanks for the info, If she was telling me the truth, 300 customer client base and doing $30,000 a year and you say that is pretty poor. Help me with a ballpark idea of what a 4 bed salon should gross in a year. If $30,000 if Low what is about normal, $60,000 or $90,000 or more ????? Then how much are 3 beds a 1 HEX stand up all 3 years old worth, ballpark? hi well if your open 7 days a week from 9 to9 with 4 units you can only do 48 or 50 tans a day that = $168.00 a day @ $3.50 a tan or $240.00 a day @$5.00 a tan . listen if you need beds dont get used . i can get new real cheap . email me a private message and we can talk about it. hope this helps megaken

10-14-2001, 03:23 PM	#7 (permalink)
totally tan Join Date: Sep 1 2001 Posts: 40 Rep Power: 0	my email is tanreed@msn.com

10-15-2001, 10:28 AM	#8 (permalink)
BOBER96 Join Date: Oct 17 2000 Posts: 905 Rep Power: 24	What kind of beds, how many hours, how old? How big is the community it is on? 300 people over 3 years is, well....kind of not-so-good. And yes, the buildout will cost you as much as the biz if not more.

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