Re: going to buy a distressed salon oh queeny, yes i agree with ya about this salon, there needs to be more investigating done thats for sure, almost sounds like some money laundering going on in there. I know that if ya have the right knowlege, those numbers don't meen squat cause it can be the result of poor managment and owner know how about the business. Whats most important is does the demographics support this salon, is the equipment decent, and can the hydro/ac get sorted out to run a succesful salon. Only the demographics will show if this salon can be profitable. a total overhall on this salon needs to be done, including a profitable pricing structure. I think that if his pants are on fire, he will have a better chance to make it. So lets look at the positive side and encourage him in a positive direction instead of trying to stomp out his fire. There are some real weird things going on with this place, and i would enter this place with caution, but perhaps if ya pants are on fire, have a look around at other salon options also, perhapts a closed down location with buildout already done, or buying one with a less shady outlook. I would encourage ya to look at demoghraphics that the city posts, and post it here so we can all help ya. queeny, the tone ya used sounded a bit harsh, albeit all great advice, but my "pants on fire" reaction to ya tone would have been to become more determined to make it work, and less likey to listen to the advice, or miss the advice because now i'm all fired up to prove i can do it. |