 Re: salon is worth ?
I dont know. That would be up to you, your marketing skills, sales skills, etc. You have to put in the hours to make it work. Are you willing to work the hours 100% of the time? Be open no matter what, even if you or the kids are sick? If not, you have to have an employee. Then you will have to pay wages, unemployment insurance, taxes, etc. So that will cut out of the potential profit.
You say they net $17k or something like that with NO advertising and a whopping $25k if they dont have employees. Here is where your costs will have to go up. You will need money for advertising, lotions (if they dont sell them now), staff. NOw, you SHOULD make more money if you advertise and sell better lotions and offer upgrade beds, etc. BUt that isnt guaranteed. You have to get them in the door and then sell them on your place. THen you have to KEEP selling them on your place.
Do you make more than $40k now as an electrician, working a normal work week, with normal hours? __________________  |