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Old 11th March 2008, 05:03 PM   #12 (permalink)
brownsuze
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Default Re: salon is worth ?

Quote:
Originally Posted by TangerineTan View Post
so what do you mean buy net profit ?so if I net 13,000 I would times it buy 2 ?
You know the difference between net & gross? (and buy & by?)

If you're netting ON YOUR P&Ls $13k, yes you might expect to get $26k.

IMO, list for $32k, expect to get $12-$20k.

ETA: OK I see now you're wanting to buy... They're netting $17,500 a year, offer them $10k. They might take the low offer just to get out of the deal. Otherwise skip this salon. It will be more work than its worth -- is a year of your time worth $17k? I'd say you could make more, like delivering mail or answering phones...
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