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#1 (permalink) |
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Join Date: Mar 31 2008
Location: hinesville georgia
Posts: 2
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se georgia tanning salon opening soon
I am looking to open a small tanning salon here around my local army base. I have 60,000 to start it up and was wondering i have one main competitor who hardly changes bulbs... i was wondering how many beds to start with i am thinking 3 laydown, 1 standup, and 1 spray. Is this Possible?
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#2 (permalink) |
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www.highlinecapital.com
![]() Join Date: Nov 23 2004
Location: ITA Member & Berman Supporter!
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Re: se georgia tanning salon opening soon
For 60K, you would be best off approaching that salon owner and seeing if they want to sell. Negotiate a nearly nothing price, put $10-20K into re-lamping and upgrading, another $5K into advertising and save the rest for slow season expenses! Unless you can find an already built-out tanning salon where you can walk into the buildout and electrical upgrades for free, it could take more than half or even all of your budget right there. Also - very hard to pay the rent from 4 beds. You've missed the "season" already anyway, so start looking around and saving every penny you can and by next October see if there is a good place available -- the local guy may not want to sell now but he might be interested in September/October!! |
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#3 (permalink) |
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Join Date: Mar 31 2008
Location: hinesville georgia
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Re: se georgia tanning salon opening soon
I have tried to see if he would sell but he says no. i know if i open a new salon most of his customers would leave. I am going to add beds but wanted to see how it would go the first few months. Thank you for the reply.
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#4 (permalink) |
![]() Join Date: Apr 5 2008
Location: the South
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Re: se georgia tanning salon opening soon
I opened a small salon in NC. I started with 3 nice used beds. They were better than my 2 competitors. As business increased, I purchased 2 new beds and added a spray tan room. I built the business from the ground up, putting up all the walls, etc and doing the floors myself PLUS all equipment and electricity for less than $15k. I paid for everything with cash. In 8 months, I had netted $90k. If you are wise about your spending and where your money goes, you can do it.
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