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Old 12th March 2008, 08:00 AM   #62 (permalink)
Tanning Queen
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Default Re: salon is worth ?

ok, here is a number for you to think about then:

if you will be open 360 days a year (closed for holidays etc) and you are open 12 hours a day that is a total of 4,320 hours.

Take that $20k net and divide it by the hours open and you make $4.63 an hour. THat is YOU working the entire time from open to close with 5 days off a year. Lets say you are able to double that NET in a year. YOu are still not even making $9.50 an hour. MInd you, you still have to pay taxes. And any loan payments, repairs, upgrades, etc.

Just something to think about.
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