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yohan12 · 30th April 2006, 11:21 PM

I am new to the forum. Hello everyone. I am about to put an offer on an existing tanning salon. I have read and reread lots of threads and information regarding an existing tanning salon. I am awaiting answers to several questions from the owner. In the meantime, I was hoping for some help with my negotiations. Now, the salon is in good shape, has been in business for 20 years and the owner is selling b/c she is a millionare and is a real estate agent and doesn't need the salon anymore. They are asking $89,000 for the salon. It is approximately 1250 sq feet and in good condition. There are 10 tanning rooms. The base beds are old but the bulbs are fairly new. Ideally I would want to rip up the flooring, replace 4 base beds, the stand up bed and put in a satellite music system. I believe the salon would do a lot better with these improvements. Now based on the price and what I need to remodel, should I negotiate the asking price?? The salon is in a great area and is the only salon for 20 miles or so and out here in Southern California, that is hard to come by. Any thoughts from existing owners?? Thanks for reading.

30th April 2006, 11:21 PM	#1 (permalink)
yohan12 Rookie Join Date: Apr 2006 Location: Carlsbad, California Posts: 8	Negotiating an Existing Salon??? I am new to the forum. Hello everyone. I am about to put an offer on an existing tanning salon. I have read and reread lots of threads and information regarding an existing tanning salon. I am awaiting answers to several questions from the owner. In the meantime, I was hoping for some help with my negotiations. Now, the salon is in good shape, has been in business for 20 years and the owner is selling b/c she is a millionare and is a real estate agent and doesn't need the salon anymore. They are asking $89,000 for the salon. It is approximately 1250 sq feet and in good condition. There are 10 tanning rooms. The base beds are old but the bulbs are fairly new. Ideally I would want to rip up the flooring, replace 4 base beds, the stand up bed and put in a satellite music system. I believe the salon would do a lot better with these improvements. Now based on the price and what I need to remodel, should I negotiate the asking price?? The salon is in a great area and is the only salon for 20 miles or so and out here in Southern California, that is hard to come by. Any thoughts from existing owners?? Thanks for reading.