TanToday - Helping Salon Owners, One At A Time, Since 2000! - View Single Post

brownsuze · 11th March 2008, 05:36 PM

See you think I'm just being a jerk but the truth of the matter is THAT IS ALL THE SALON IS WORTH.

If there are no profits, what are you buying? Beds, client base & buildout. You will get nothing for the buildout should you have to close... so technically that has no value. Now you're at client base. They are not doing a good business, so that obvisouly needs help too -- very little value. Now beds... do a google search right now and you will see the same beds for less than $2k.

Max value of the business -- $6k beds + let's say $2k for the client base. That's $8k.

Tanning Queen says she paid $10k for her salon. It was a NICE salon in the suburbs of Phila (NICE suburbs) and she only closed it to care for her dying mother, it was profitable (over $200k a year GROSS) and she paid $10k, does that tell you anything?

I'm taking time away from my own PROFITABLE business to help you. You asked for help. I gave you sound advice, as did TQ.

Maybe you just don't have business savvy? and I should let you overpay for a business you will work for peanuts a month? Its really your decision...

11th March 2008, 05:36 PM	#26 (permalink)
brownsuze Hall of Famer Join Date: Jun 2006 Location: in the old part of the city Posts: 2,417	Re: salon is worth ? See you think I'm just being a jerk but the truth of the matter is THAT IS ALL THE SALON IS WORTH. If there are no profits, what are you buying? Beds, client base & buildout. You will get nothing for the buildout should you have to close... so technically that has no value. Now you're at client base. They are not doing a good business, so that obvisouly needs help too -- very little value. Now beds... do a google search right now and you will see the same beds for less than $2k. Max value of the business -- $6k beds + let's say $2k for the client base. That's $8k. Tanning Queen says she paid $10k for her salon. It was a NICE salon in the suburbs of Phila (NICE suburbs) and she only closed it to care for her dying mother, it was profitable (over $200k a year GROSS) and she paid $10k, does that tell you anything? I'm taking time away from my own PROFITABLE business to help you. You asked for help. I gave you sound advice, as did TQ. Maybe you just don't have business savvy? and I should let you overpay for a business you will work for peanuts a month? Its really your decision...