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Tanning Biz Newbies Are you a future salon professional and new to the Industry?

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Old 04-05-2006, 12:33 PM   #11 (permalink)
 
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Re: I know you have probabaly heard this before

Para-Everybodys elecrtic and gas rates are different. Depending on company, grid, and state. No one is EVER in my house but my bill there is higher than the shop.
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Old 04-05-2006, 12:34 PM   #12 (permalink)
 
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Re: I know you have probabaly heard this before

Thanks Glowtanning! I think I have to go crunch some #'s for a while again now :)

Would your reccomend buying an existing salon or buildout? I prefer the idea of buildout, however I can see the appeal in buying a customer base as well, although I think that wouldn't be that hard to manage if you offered the right incentives.
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Old 04-05-2006, 12:38 PM   #13 (permalink)
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Re: I know you have probabaly heard this before

In my region I would add a beauty salon and some kind of diet program.

We have a sport center with all kinds of activities. Most of my money I make with fitness, diet programs, tennis and serving drinks & food. Á beauty salon is renting space and she is doing very well as well. Tanning = about 5 % of the turnover...
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Old 04-05-2006, 12:40 PM   #14 (permalink)
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Re: I know you have probabaly heard this before

I would buy an existing salon, preferably one that is not doing well and you can buy cheap :-) + easier to do it better than the former owners
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Old 04-05-2006, 12:41 PM   #15 (permalink)
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Re: I know you have probabaly heard this before

Customer base is very important to ease your start-up, but it also depends on how long you can do without money :-)
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Old 04-05-2006, 12:46 PM   #16 (permalink)
 
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Re: I know you have probabaly heard this before

Both build outs and buying existing have benefits and drawbacks.....


I knew what it would cost me to do a build out and I didn't want to go THAT far in debt with no revenue from years past to look at. That is why I chose the way I did
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Old 04-05-2006, 01:51 PM   #17 (permalink)
 
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Re: I know you have probabaly heard this before

Are there any good online sources to look for salons for sale? I found bizbuysell.com before, but are there any other places I should be looking e.g. these forums here?
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Old 04-05-2006, 01:54 PM   #18 (permalink)
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Re: I know you have probabaly heard this before

http://www.salonsforsale.com/
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Old 04-05-2006, 02:49 PM   #19 (permalink)
 
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Re: I know you have probabaly heard this before

Awesome, i will check it out and keep you all posted ;) Thanks for all the advice so far I really appreciate it!
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Old 04-05-2006, 02:58 PM   #20 (permalink)
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Re: I know you have probabaly heard this before

Any luck yet?
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