Jacqui'snewnail
Well-Known Member
Hi Geeks, I have come to the one and only place where I know I can get good honest frank advice! Right might be a long one so bear with me. A year ago I went and viewed a Beauty Salon that was on the market for £19,000.00. It was quite run down, not too bad, I've seen worse, but the premises are quite big, so you could do bundles with it and make it really something. I telephoned the owner to see current state of play and she advised that it is still for sale and she is desperate to sell. It is leasehold obviously and one year ago I must say that I was very naive. Im not particularly up there with the Richard Bransons or Sassy Hassys :hug: now but perhaps a little more savvie than I had a year ago! You certainly learn loads from this site!
Well in the last year I have given up my office job and am working for myself which I love, but I am looking to open my own salon, so that I can really go to town on the pampering side. Yer know those little extras that certainly salons around here dont offer and are just not possible when working mobile.
My home salon set up is ok, but would love to take it one step further!
I have arranged a meeting tomorrow with the current owner and am going prepared with loads of questions etc!
This is where I need your help - if you could ask the owner 3 questions what would they be?
Also her equipment is bog standard, so is there a rough price on what I should be paying for the actual shell, bearing in mind that I have to pay £7000.00 annual rent. Lease runs out July, but is renewable with owner.
Basically what I am saying is that her stuff is worth £500.00 if that, what is reasonable offer for the business. I appreciate that this is like "how long is a piece of string?" but a general guide or any inside know how would all be greatly appreciated.
Thanks Geeks - I look forward to any of your valuable advice!
Well in the last year I have given up my office job and am working for myself which I love, but I am looking to open my own salon, so that I can really go to town on the pampering side. Yer know those little extras that certainly salons around here dont offer and are just not possible when working mobile.
My home salon set up is ok, but would love to take it one step further!
I have arranged a meeting tomorrow with the current owner and am going prepared with loads of questions etc!
This is where I need your help - if you could ask the owner 3 questions what would they be?
Also her equipment is bog standard, so is there a rough price on what I should be paying for the actual shell, bearing in mind that I have to pay £7000.00 annual rent. Lease runs out July, but is renewable with owner.
Basically what I am saying is that her stuff is worth £500.00 if that, what is reasonable offer for the business. I appreciate that this is like "how long is a piece of string?" but a general guide or any inside know how would all be greatly appreciated.
Thanks Geeks - I look forward to any of your valuable advice!