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brownsuze · 20th May 2008, 05:01 PM

I think its smart to guesstimate that just getting and "prettying up" the place should be around $30k. Spend the other $20k of your budget as $12k capital expenses (covering bills you didn't expect) and $8 on 2-3 new beds/ booths. Wait til next summer to see what new stuff your budget can handle for year 2.

I bet you're thinking $12k on capital expenses is "bull way over priced." Trust me, better to have that in the bank than *wishing* you had it... trust me when I say you NEVER KNOW what might happen.

20th May 2008, 05:01 PM	#575 (permalink)
brownsuze Hall of Famer Join Date: Jun 2006 Location: in the old part of the city Posts: 2,417	Re: going to buy a distressed salon I think its smart to guesstimate that just getting and "prettying up" the place should be around $30k. Spend the other $20k of your budget as $12k capital expenses (covering bills you didn't expect) and $8 on 2-3 new beds/ booths. Wait til next summer to see what new stuff your budget can handle for year 2. I bet you're thinking $12k on capital expenses is "bull way over priced." Trust me, better to have that in the bank than wishing you had it... trust me when I say *you NEVER KNOW what might happen.*