Ohio salons

rustymain · 10-16-2004, 10:50 PM

We are looking at a couple of salons in Ohio...Cleveland...there is a salon owner who would like to sell us 2 salons and we would like to open another one....is this a good market? How do I know what to pay for the existing salons?

tanu01 · 10-16-2004, 10:54 PM

If you dont know the market already why look ?
Bob

rustymain · 10-16-2004, 10:58 PM

I would think Cleveland/Mentor/Parma would be great areas...I would like to target Cleveland, it does not seem to have a lot of competitiion. My question is how much do you give an exsisting salon with new equipment and customer base of over 7,000 total for both salons. My wife and I would love to own 4 salons by next season...

tanu01 · 10-16-2004, 11:03 PM

There are alot of salons around parma with about 4 more opening that I know of. Some of the owners are on here during the week. The tristan unit is popping up all over - a piece of junk
Bob

tanu01 · 10-16-2004, 11:03 PM

There are alot of salons around parma with about 4 more opening that I know of. Some of the owners are on here during the week. The tristan unit is popping up all over - a piece of junk
Bob

DWhite6872 · 10-16-2004, 11:05 PM

Ohio is the mecca for tanning salons.....if there really is no competition which seems hard to believe...go for it.

t-n-t · 10-17-2004, 12:52 AM

greater cleveland is very saturated market.There must be a reason there are 12 salons for sale in greater cleveland area.If the salons cant prove they are doing $150,000 then dont waste your time or you are buying yourself a job.7000 clients?what about active clients in last 12 months?how much new competition?I know of new 20+ bed salon going in parma area so be careful if your looking in parma near I480.10 units or less usually but not always means the only way to make money is to be slave to the salon.Read these sites there are many people complaining about low customer counts and $50 days who own these small salons.

tanu01 · 10-17-2004, 02:23 AM

Most of the salons in Ohio are out dated or buy and use older units. A new really ran well salon would do well. Thats why Hollywood Tans are opening up stores.
Bob

DWhite6872 · 10-17-2004, 11:24 AM

Just research and be careful.... I have heard there are a lot of good salon owners up there....

sweetpea · 10-17-2004, 12:40 PM

Thanks DWhite, I am one of them. And so is Tanu01......If Rustymain wants to talk he can PM me.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Ohio salons wanted	t-n-t	For Sale	1	07-11-2004 09:22 AM

10-16-2004, 10:50 PM	#1 (permalink)
rustymain Join Date: Oct 16 2004 Posts: 4 Rep Power: 0	We are looking at a couple of salons in Ohio...Cleveland...there is a salon owner who would like to sell us 2 salons and we would like to open another one....is this a good market? How do I know what to pay for the existing salons?

10-16-2004, 10:54 PM	#2 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 3,977 Rep Power: 7	If you dont know the market already why look ? Bob

10-16-2004, 11:03 PM	#4 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 3,977 Rep Power: 7	There are alot of salons around parma with about 4 more opening that I know of. Some of the owners are on here during the week. The tristan unit is popping up all over - a piece of junk Bob

10-16-2004, 11:03 PM	#5 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 3,977 Rep Power: 7	There are alot of salons around parma with about 4 more opening that I know of. Some of the owners are on here during the week. The tristan unit is popping up all over - a piece of junk Bob

10-16-2004, 11:05 PM	#6 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 5,189 Rep Power: 0	Ohio is the mecca for tanning salons.....if there really is no competition which seems hard to believe...go for it.

10-17-2004, 12:52 AM	#7 (permalink)
t-n-t Join Date: Feb 25 2001 Location: mentor Age: 38 Posts: 218 Rep Power: 8	greater cleveland is very saturated market.There must be a reason there are 12 salons for sale in greater cleveland area.If the salons cant prove they are doing $150,000 then dont waste your time or you are buying yourself a job.7000 clients?what about active clients in last 12 months?how much new competition?I know of new 20+ bed salon going in parma area so be careful if your looking in parma near I480.10 units or less usually but not always means the only way to make money is to be slave to the salon.Read these sites there are many people complaining about low customer counts and $50 days who own these small salons.

10-17-2004, 02:23 AM	#8 (permalink)
tanu01 "The Man" Join Date: Mar 4 2003 Location: ohio Posts: 3,977 Rep Power: 7	Most of the salons in Ohio are out dated or buy and use older units. A new really ran well salon would do well. Thats why Hollywood Tans are opening up stores. Bob

10-17-2004, 11:24 AM	#9 (permalink)
DWhite6872 Waiting Confirmation Join Date: Apr 22 2004 Posts: 5,189 Rep Power: 0	Just research and be careful.... I have heard there are a lot of good salon owners up there....

10-17-2004, 12:40 PM	#10 (permalink)
sweetpea Waiting Confirmation Join Date: Nov 21 2003 Posts: 227 Rep Power: 0	Thanks DWhite, I am one of them. And so is Tanu01......If Rustymain wants to talk he can PM me.

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