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Old 10-06-2004, 10:41 PM   #1 (permalink)
 
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So I'm thinking of opening my second salon a little under 8 miles away in a town next over. But my question to all of you is the following..

How far away from your salon would you consider opening a second location

and..

how far away from competition do you think you think you should be when openinga salon period. I know we have 4 salons within 5 miles all around for my first location but we all reside in a big town, so we each get our share. How far away are you guys from your competetion.

Thoughts?
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Old 10-07-2004, 12:46 PM   #2 (permalink)
 
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I was looking to open up a second location but did not want to get too far away from my current location. In doing some research around my area, I found a couple of salons directly accross the street from each other!?!? I mean they could actually see each other's front doors and possibly even share parking if necessary. I have since put it on the back burner but I would say at least a 3 mile radius without competition--assuming there is the correct demographics for tanners. (And always expect someone to move into your territory (when you do find a new locaton) at some point.)) My .02.
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Old 10-08-2004, 09:09 PM   #3 (permalink)
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we are within a mile from our competition..There are some locations here that have 4 locations all on different corners.
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Old 10-08-2004, 09:10 PM   #4 (permalink)
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And may the best man win------ or wench
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Old 10-08-2004, 09:32 PM   #5 (permalink)
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If I could go next door I would... but everyone always gets that "non compete" clause...it gets in my way everytime.
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Old 10-09-2004, 09:52 AM   #6 (permalink)
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Do you not use the non-compete ? The last store I'm doing is with a very aggressive contractor,He came to me. I insisted on a non-compete on any of his properties with in 5 miles witch would still be binding even if he sells.
Bob
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Old 10-09-2004, 10:16 AM   #7 (permalink)
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I was kidding
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Old 10-09-2004, 01:22 PM   #8 (permalink)
 
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Depend on what the demands are, if the market will take it, and you wont hurt your current business, put it as close or as far away as you want
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