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Old 08-29-2007, 11:19 AM   #21 (permalink)
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Re: Which salon to buy 35K vs. 75K

Sounds good to me. It's stupidity that usually breaks the deal and if you are free and clear then it could be a winner.
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Old 08-29-2007, 11:36 AM   #22 (permalink)
 
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Re: Which salon to buy 35K vs. 75K

I feel pretty good about the deal. I'm scared but I feel confident that she's being truthful with me.
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Old 08-30-2007, 09:43 PM   #23 (permalink)
 
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Re: Which salon to buy 35K vs. 75K

Maybe ask her to take less down until you see how things all pan out. Maybe $35k dwn with another $10k in March and then another $5-10k in the summer. Having cash is the most important thing during your first couple years. jason is scary the first couple of years and not having enough reserves can put you out of business real quick. Just my opinion....Less down and more later in increments keeps everyone honest and working toward the same goal. For you to make it! Good Luck!
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