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FIT · 6th April 2007, 08:57 AM

Don't want to be the lone dissenting voice but I just opened a salon (didnt finance or lease) and here was my investment.
Demolition of old hair salon - roughly $2,500
Existing 3 ton HVAC - added 5 ton $11,880
Existing 400 amp service - n/c
Lumber / drywall / paint / etc. materials $5,000
Labor for framing - $1100 (friends and myself)
Labor for drywall - $1800 (friend)
Paint - me
Tantrack software with CC software / cash drawer / printer - $1600
Computer / printer / warranty - $1600
Drop ceiling $2400
Total Electrical labor and materials $9600
Permits, etc. $1,000
Beds:
New Sport Holiday $4699 (2) = $9398.00
New KBL 3500 = $8,900
New Sport Blue Moon = $14,999.00
Used Cyclone 200W = $5500
Used Matrix = $16,500
T-max equipment = $1,300
Buck boosters = $2,500
Shipping and installation = $4500
Total beds, boosters, delivery and timers = $63,000

Grand total: $103,000 +/- $5,000 for little things

This was a complete demo and rebuild from scratch.

Rent $1750 per month (20x65 space) on only road to and from the area

Most importantly: EXPECTATIONS:

We don't think we are going to be rich. My wife is going to take a salary similar to to what she was making and anything extra is a bonus. Along with that, of course are opportunities to write off daily living expenses (which can be more money than most consider).

I came to this site because I'm so sick of the negativity on TanTalk. Everyone is always discouraging potential owners with tons of negative data that may or may not apply to their venture. Brian is obviously far more knowledgable on tanning than I am but he doesn't know my investment, lease, market, competition and most importantly expectations. There is a salon about 40 miles from me right beside a university and they CRUSH with the college students. Maybe the guy that wrote to you will have similar results with an investment of $60,000.

Best of luck to you all.

6th April 2007, 08:57 AM	#10 (permalink)
FIT Gone Join Date: Apr 2007 Posts: 1,148	Re: Do you want to open a salon? Don't want to be the lone dissenting voice but I just opened a salon (didnt finance or lease) and here was my investment. Demolition of old hair salon - roughly $2,500 Existing 3 ton HVAC - added 5 ton $11,880 Existing 400 amp service - n/c Lumber / drywall / paint / etc. materials $5,000 Labor for framing - $1100 (friends and myself) Labor for drywall - $1800 (friend) Paint - me Tantrack software with CC software / cash drawer / printer - $1600 Computer / printer / warranty - $1600 Drop ceiling $2400 Total Electrical labor and materials $9600 Permits, etc. $1,000 Beds: New Sport Holiday $4699 (2) = $9398.00 New KBL 3500 = $8,900 New Sport Blue Moon = $14,999.00 Used Cyclone 200W = $5500 Used Matrix = $16,500 T-max equipment = $1,300 Buck boosters = $2,500 Shipping and installation = $4500 Total beds, boosters, delivery and timers = $63,000 Grand total: $103,000 +/- $5,000 for little things This was a complete demo and rebuild from scratch. Rent $1750 per month (20x65 space) on only road to and from the area Most importantly: EXPECTATIONS: We don't think we are going to be rich. My wife is going to take a salary similar to to what she was making and anything extra is a bonus. Along with that, of course are opportunities to write off daily living expenses (which can be more money than most consider). I came to this site because I'm so sick of the negativity on TanTalk. Everyone is always discouraging potential owners with tons of negative data that may or may not apply to their venture. Brian is obviously far more knowledgable on tanning than I am but he doesn't know my investment, lease, market, competition and most importantly expectations. There is a salon about 40 miles from me right beside a university and they CRUSH with the college students. Maybe the guy that wrote to you will have similar results with an investment of $60,000. Best of luck to you all.