ltaylor

I am considering purchasing an existing salon. The salon has been in business since 2001, no current competition in the area, 7 beds consisting of 1 Montego Bay viper, (2) wolff 3600, and (4) sunliner 2400. 2,000 sq ft space with a rent amount of 1,050. 800+ client database with year round tanners. Gross Revenue of 60K last year but with tanning salon being cash business it actually was more than 60K. Asking price is 45K but is neg.

tanman0302

800 clients isn't too impressive. Get the hour counts off the beds and see how much use they get. The onwer should also have a true idea of what the gross is, but don't believe them. Figure you have $12,600 yr rent. get some #'s on electric and other bills and see if, at 60k gross, it's worth it. You can e-mail me if you have questions at tanman71@msn.com (16 yrs experience but I'm still learning!)