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#14 (permalink) |
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Waiting Confirmation
Join Date: Jul 19 2005
Posts: 9
Rep Power: 0
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To preface my question above, my wife and I are looking at purchasing an exising salon. We've found an independent salon that we like. So, we drove around to see the competition today...not too fearful. At the first place we went, my wife went in to inquire about beds and pricing. The young lady at the counter had no idea what kind of beds they had. She did know, however, that they only had 2 levels. The next place we went noted that they were to close at 4:00. We got there at 3:30, the shades were half drawn, the door locked and some young high school kid continued to sit behind the counter and do nothing...unbelievable.
So, anyway, the salon we're looking at has 10 2003 Ergoline beds (including 1 HP). Purchase price was originally $90k back in 2003. So, my question is...what would you do with the beds? Would you hold on to the beds for another couple years and then try to sell them and upgrade? Would you structure an equipment leaseback and take the cash so that you could upgrade in the near future? Any other ideas? |
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#17 (permalink) |
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I'm Banned
![]() ![]() ![]() ![]() ![]() Join Date: Nov 30 2000
Location: Ontario
Age: 45
Posts: 52,065
Rep Power: 0
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Dang close!!
When Does a Tanning Bed Become Obsolete ? As soon as some slick salesman tells ya so!! Good gawd, many smaller salon spend 3 - 5 years paying off their equipment, then all of a sudden they have to go back into debt cause someone tells them there stuff is obsolete?? Please?? If you have lots of money to throw around, change'em up every 2 yrs., but if I had that kinda money, I wouldn't even be in this business........... I'd look for something that makes money! |
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#18 (permalink) |
![]() Join Date: Feb 9 2005
Location: Georgia
Age: 36
Posts: 406
Rep Power: 4
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Im waiting for the day when old beds are going to be the IN thing. Kinda like cars are, you know the Barett-Jackson thing. Next up we have an '82 24 Lamp wolf system, full off frame restoration, with all matching munbers, and original stickers. Yes, I do belive it has a chop top, looks like a west coast job. Starting bid???
$ 10,000.00 US dollars. AHHHH that would be the day. Untill then the second your start it up its old. Oh yea there is a full set of the original lamps that comes with that bed. |
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