Chapter 12: Page 2 of 4 Table of Contents | Next
Chapter 12: Making “Cents” Of It All (cont.) Lets take a look at some numbers based on a few assumptions. First of all, because of the small space you will need to perform the service we suggest contacting existing salons in your area and finding a space to rent within the salon just as many hairdressers do. You will need an enclosed room so this might take a little hunting. Most salon owners will rent you the room for approximately $75.00 to $125.00 per week depending upon your area and do so gladly especially since it was not producing any revenue for them sitting there empty. Additionally, your businesses will compliment and be financially beneficial to one another. Why take on expensive long-term leases, deposits, signage costs, and other expenses if you don’t have to. This is by far the most economically feasible porthole into this profitable business. As your business grows and you generate some cash reserves then finding your own place might be a consideration. Recouping Your Initial Investment - Single Station Professional System $4,995.00
- Total Initial Outlay $4,995.00
Lets assume you charge $40.00 per full body tan. This is a conservative figure, as many areas of the country charge between $50.00 and $75.00 per session. $4,995.00 divided by $40.00 equals 124 full body tans to recoup your investment. This can be accomplished in your first couple months of operation. Well you have just paid for your system in a few months and haven't had to reorder any product. Not many businesses can provide this kind of return on investment. Table of Contents | Next
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