 Re: going to buy a distressed salon
DOesnt cost anything to get a detailed report on demographics. Call Steve Underhill and ask him for help. He wouldnt charge you to ge tbetter demographics. SMU Consulting. He has a banner on here.
Interesting that now the rent went from $650 to $1200/month. And a 10 year lease?????? Do you have to personally guarantee that? If so, you are stuck paying that even if you close. Some landlords dont allow you off the lease even if you sell the space to soemone else. They just add their name so you BOTH are liable. NOT good.
7 tons of air would be only for the beds. You still need another ton or so to cool the reception and hallways better. If it is 80 in the salon, it is 100+ in the beds while you tan. If you are regulated, you wouldnt pass. If you arent, soon enough your state will be. Either way, it is bad for the clients and the equipment.
6 beds is really tough to make alot of money with. Too many stand ups in my mind. I would say add another bed instead and have 1 booth.
SO now they are asking $75k????????? __________________  |