Costs omg....

[Beauty Angels]

Hi

I am tying to buy a Beauty and tanning salon, and just to break even i need to make £2300 per month and that only includes 1 pt member of staff.....is anyone in the same postion??

 

[The Geek]

Wow, I am assume your rent sucks! Are there any areas of cost savings you can make?

 

[ValencianNails]

http://www.salongeek.com/biz-geek/103748-budgetting-cash-flow-where-am-i-going-wrong.html

Hope the above threads helps a bit.

 

[jes]

Hi, We need a little more info

Are you taking over a going concern and including the cost of buying the business into your monthly costs?

Are you buying or leasing any sunbeds and, again, including them in your monthly costs?

jes

 

[ellewopter]

Where abouts in beds are you? i had a salon there so may be able to comment on rent rates and local stuff to give you a hand x

 

[angelina221]

Sounds about right to me! If you are paying a full time member of staff then i would assume that is your biggest expense.
A lot of people don't realise the costs of running a salon. On top of rent, there are also; rates, electric, gas, water, telephone, insurance, licences, accountant, advertising, printing costs, pdq rental, stock, wages and then on top of that you have the little things that soon add up like; tea, coffee, milk, sugar, laundry, toilet rolls, cleaning stuff, magazines etc.........
I'm sure there are a few things i've missed off too.
It's certainly not for the faint hearted!

 

[persianista]

sound pretty reasonable to me. It's only around £600 per week. Thats not big overheads for a salon. PM me if you want me to look at your figures in more detail