Advice: Buying a Tanning Salon

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  • Magg
    Confirmed User
    • Feb 2004
    • 4467

    #51
    wtf if i was in FL at this time, Id buy it up ASAP!

    His prices are WAY to LOW... Raise that shit, and charge something like $250-$300 for an unlimited year membership as an option as well.

    Accept credit cards, toss the part time girl and get your daughter in their with your brother covering the entire day.

    This has got me thinking I should look into someone who wants to sell here!

    Comment

    • UniversalPass Pete
      Confirmed User
      • Dec 2004
      • 7368

      #52
      Originally posted by sean416
      did you read the thread? all of those questions were answered.
      I don't see "How much is he asking?"???


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      • NaughtyAlysha
        Confirmed User
        • Feb 2002
        • 1843

        #53
        Originally posted by UniversalPass Pete
        I don't see "How much is he asking?"???
        I posted it earlier... he wants $10,000.


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        • chase
          Confirmed User
          • Jul 2004
          • 6019

          #54
          Originally posted by NaughtyAlysha
          You betcha!
          If you want any help fixing it up, let me know..I love painting and stuff like that.
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          • AVM
            Confirmed User
            • Feb 2004
            • 1890

            #55
            Look at my nigga Shuki with the brick & mortar knowledge!

            I want to start a falafel stand in Budapest, any suggestions?

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            • pornguy
              Too lazy to set a custom title
              • Mar 2003
              • 62910

              #56
              Alysha. Is the neighborhood something like Cheval or Avila?? Do the people have an interest in being tan and looking good.

              In other words, make sure that the area is not all old people, or run down old houses.

              Just my 2 cents.
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              • UniversalPass Pete
                Confirmed User
                • Dec 2004
                • 7368

                #57
                Originally posted by NaughtyAlysha
                I posted it earlier... he wants $10,000.

                Sorry thought it was 10K a month! I only read your first post!

                It's a steal! Jump on it! Need an investor?


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                • NaughtyAlysha
                  Confirmed User
                  • Feb 2002
                  • 1843

                  #58
                  Originally posted by pornguy
                  Alysha. Is the neighborhood something like Cheval or Avila?? Do the people have an interest in being tan and looking good.

                  In other words, make sure that the area is not all old people, or run down old houses.

                  Just my 2 cents.
                  No, we don't live in North Tampa... we live east of Tampa. It's in a middle class area... $150,000 homes or so. First time home buyers, younger people I would guess... But, I don't live near there, so I wouldn't know for sure. I live about 10 minutes from the store, but I like going there because it's on the way home from our office.

                  But, it's not old houses... the whole area is fairly new, and there are another 4 or 5 subdivisions going up as I type. There are "old" people everywhere in Florida, so I'm not sure about that, lol.


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                  • pushpills
                    Confirmed User
                    • Jan 2004
                    • 3700

                    #59
                    10k? he probably owes 50k in loans that he wants to attatch you to.

                    Comment

                    • NaughtyAlysha
                      Confirmed User
                      • Feb 2002
                      • 1843

                      #60
                      Originally posted by pushpills
                      10k? he probably owes 50k in loans that he wants to attatch you to.
                      The equipment is all paid for, the space is rented and paid up. What could he stick me with?


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                      • NaughtyAlysha
                        Confirmed User
                        • Feb 2002
                        • 1843

                        #61
                        Originally posted by chase
                        If you want any help fixing it up, let me know..I love painting and stuff like that.
                        I thought you wanted free tanning? You don't have to work for it.


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                        • chase
                          Confirmed User
                          • Jul 2004
                          • 6019

                          #62
                          Originally posted by NaughtyAlysha
                          I thought you wanted free tanning? You don't have to work for it.
                          LOL, I just want a quick feel of the new girls.
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                          • NaughtyAlysha
                            Confirmed User
                            • Feb 2002
                            • 1843

                            #63
                            Originally posted by chase
                            LOL, I just want a quick feel of the new girls.
                            You can do that anytime! Have fun this weekend and in Vegas, and we'll meet up sometime in '05. I'm heading to bed... see ya tomorrow!


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                            • moneybiz
                              So Fucking Banned
                              • Sep 2004
                              • 1391

                              #64
                              Originally posted by xclusive
                              Sounds like you could make a killing in it actually...
                              giving people skin cancer.

                              Comment

                              • DutchTeenCash
                                I like Dutch Girls
                                • Feb 2003
                                • 21684

                                #65
                                am i the only one who saw the $35 ? i mean a whole month here in holland thats a least $200 and a spray tan (saw some ads on the london tube too same price) bout $50, if you could increase pricing with some improvements, def the cred card machine some other cheap stuff, then 10k is a bargain.

                                im more worried bout the tanning beds though, a high tech bed here with music etc is more like 50k alone...

                                so what are we talkin bout ? something like this or a walmart bed?


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                                • NaughtyAlysha
                                  Confirmed User
                                  • Feb 2002
                                  • 1843

                                  #66
                                  Originally posted by thinkx
                                  am i the only one who saw the $35 ? i mean a whole month here in holland thats a least $200 and a spray tan (saw some ads on the london tube too same price) bout $50, if you could increase pricing with some improvements, def the cred card machine some other cheap stuff, then 10k is a bargain.

                                  im more worried bout the tanning beds though, a high tech bed here with music etc is more like 50k alone...

                                  so what are we talkin bout ? something like this or a walmart bed?

                                  No, the beds are not that nice... but they're not held together with bungie cords either, lol. They are middle of the road units, probably $3-4,000 each when new.


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                                  • shuki
                                    Confirmed User
                                    • Aug 2004
                                    • 3070

                                    #67
                                    Originally posted by AVM
                                    Look at my nigga Shuki with the brick & mortar knowledge!

                                    I want to start a falafel stand in Budapest, any suggestions?

                                    I like falafel but shawarma is my favorite. If you open one of those or at least carry both items I am there
                                    Looking to buy established paysites contact me [email protected]

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                                    • shuki
                                      Confirmed User
                                      • Aug 2004
                                      • 3070

                                      #68
                                      Alysha,

                                      The most important questions are still un answered. I know the rent is $800 per month, but is this gross? Meaning there are no NNN costs in addition to this $800? Also you will def. want options in place because if you decide to do a power upgrade and then find out next year you are not able to stay then it was a waste. And let me tell you that you will def want to do a power upgrade. Any bed that is worth having will need a lot of power and the proper AC to cool it as well. Thus the need for additional power. Also set up an apiontment with the landlord and see if he will foot any upgrade costs if you sign a lease extension with him.

                                      Reply next to each question in a quote and then we can make 100% sense out of it.

                                      I know we have some of them but frankly having some would not make me feel good about going forward. As I said before it isn't the $10,000 investment that you need to worry about. It is if you will be able to cover all expenses and still have funds left over for profit. You could very easily be taking more money out of your pocket and I am sure that is not your goal.


                                      1. Is the lease net or gross?
                                      2. How many years left?
                                      3. Can you extend the lease? Is there an option(s) in place?
                                      4. Try to speak to the strip center landlord too. Make sure the lease is still in good standing.
                                      5. What is there currently in terms of power? Single Phase? 3 phase? Total amps?
                                      6. How many tons of AC are there?
                                      7. Do they use a computer system? If so what software do they run? Can you look at the database etc?
                                      8. What kind of beds and booths?
                                      9. How many hrs of tanning time on each unit.
                                      10. any repairs made to any of the beds? List problems?
                                      11. What inventory is there?
                                      12. What is the gross per month for the last 3 years? 1-12months
                                      13. How many total people in their database?
                                      14. How many active people? Active meaning have tanned in the last 30-90 days.
                                      15. How many daily tanners do they get each month? 1-12
                                      16. What is their price structure like? (we want to see if we can raise it)
                                      17. Hours of operation?
                                      18. Tans broken down by hour. (we want to see if we are open durin important hours etc)
                                      Looking to buy established paysites contact me [email protected]

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                                      • Fred Quimby
                                        Confirmed User
                                        • Jul 2004
                                        • 5430

                                        #69
                                        Lets do a little math.

                                        He is open from 9AM - 9PM, and he has a few tanning packages:
                                        1 month unlimited for $35
                                        10 visits for $40
                                        2 months unlimited for $50
                                        There may be others, but I can't remember offhand. He also sells single visits for like $6 or $7. Of course, he sells the lotions and accessories, which he said are all marked up 100%, norm for the tanning industry.

                                        The stand up booths have 300 and 500 hours on them. One bed has 500 hours, the other has 1000. He has a computer system, but the beds aren't tied into it. It's just for his own purposes, but it comes with the sale. He has timers for the beds, up by the cash register. All of that is part of the sale as well. He does not have a credit card machine, and does not take credit cards, something that I would definitely change.

                                        That's all I know for sure now... Thanks for your help.
                                        Add up the usage hours = 2300 total hours.

                                        At a max of $6 per session = $13,800 he could have grossed off then.

                                        And thats not taking into consideration the unlimited users.

                                        Unless he is selling lots of lotions, something does not add up

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                                        • shuki
                                          Confirmed User
                                          • Aug 2004
                                          • 3070

                                          #70
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                                          Looking to buy established paysites contact me [email protected]

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                                          • Linkster
                                            Confirmed User
                                            • Feb 2003
                                            • 3216

                                            #71
                                            Definitely get those questions answered - I own one as well - have for a few years. Similar location and situation except the beds were better from the sounds of it. For expansion, you can always lease the beds and pay them off with the profit from having more traffic.

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                                            • AVM
                                              Confirmed User
                                              • Feb 2004
                                              • 1890

                                              #72
                                              Originally posted by shuki
                                              I like falafel but shawarma is my favorite. If you open one of those or at least carry both items I am there
                                              I love you gyros.

                                              As for the topic at hand - Alysha, I'm not sure of your financial situation. However, I'd care to say $10k upfront isn't the biggest plunge you could take? Thus, if you lose, it won't financially cripple you. Meanwhile if the business succeeds, it could financially do wonders. When comparing both extremes, one heavily outweights the other. Worth the shit in my opinion. A small price paid, for a huge opportunity/big reward.

                                              Comment

                                              • NaughtyAlysha
                                                Confirmed User
                                                • Feb 2002
                                                • 1843

                                                #73
                                                Originally posted by Fred Quimby
                                                Lets do a little math.



                                                Add up the usage hours = 2300 total hours.

                                                At a max of $6 per session = $13,800 he could have grossed off then.

                                                And thats not taking into consideration the unlimited users.

                                                Unless he is selling lots of lotions, something does not add up
                                                I don't understand what it is you're trying to say here.


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                                                • NaughtyAlysha
                                                  Confirmed User
                                                  • Feb 2002
                                                  • 1843

                                                  #74
                                                  I dropped by a list of questions for him to answer for me over the weekend (thanks, Shuki!). I'll see what happens sometime next week. I did look at his packages and wrote them down... This is what he has now:
                                                  30 days - $35
                                                  50 days - $50
                                                  100 days - $85

                                                  1 visit - $6
                                                  10 visits - $40
                                                  15 visits - $50
                                                  These are good for one year.

                                                  He also does an "early bird" special, unlimited tanning from 9A-noon for $25 a month.

                                                  And, he does a buddy deal, 2 people signing up together for $60 for 30 days.

                                                  His hours are:
                                                  Mon from noon-9P.
                                                  Tues, Wed, and Thurs from 9A-9P.
                                                  Fri, Sat from 9A-7P.
                                                  Sun from noon-7P.


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                                                  • thewebgarage
                                                    Confirmed User
                                                    • Sep 2002
                                                    • 1002

                                                    #75
                                                    $10,000 is a pretty damn good deal. The key in tanning is selling lotions and EFT. Like porn you bill them every month. $20 month. but you can have them sign a contract. and get them for a year.

                                                    Then its nice to have a high end orbit type bed. So you can upsell them. And mystic tan is a good addition to avoid the extra electric. Good luck.
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                                                    • tony299
                                                      lurker
                                                      • Aug 2002
                                                      • 57021

                                                      #76
                                                      Originally posted by shuki
                                                      With the limited info we have we can get a small view of the picture. If you can ask the owner these questions:

                                                      1. Is the lease net or gross?
                                                      2. How many years left?
                                                      3. Can you extend the lease? Is there an option(s) in place?
                                                      4. Try to speak to the strip center landlord too. Make sure the lease is still in good standing.
                                                      5. What is there currently in terms of power? Single Phase? 3 phase? Total amps?
                                                      6. How many tons of AC are there?
                                                      7. Do they use a computer system? If so what software do they run? Can you look at the database etc?
                                                      8. What kind of beds and booths?
                                                      9. How many hrs of tanning time on each unit.
                                                      10. any repairs made to any of the beds? List problems?
                                                      11. What inventory is there?
                                                      12. What is the gross per month for the last 3 years? 1-12months
                                                      13. How many total people in their database?
                                                      14. How many active people? Active meaning have tanned in the last 30-90 days.
                                                      15. How many daily tanners do they get each month? 1-12
                                                      16. What is their price structure like? (we want to see if we can raise it)
                                                      17. Hours of operation?
                                                      18. Tans broken down by hour. (we want to see if we are open durin important hours etc)

                                                      After we collect this data we can see if it makes economic sense.

                                                      Also try to get an idea of the $$$ he wants for the place. See if he will take back paper.

                                                      Hell if it looks good I may want in with you

                                                      Great questions

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