I am thinking of buying a tanning salon business in Calgary for about 50 K.Are tanning businesses lucrative?
I spoke with the seller and she said that they did a volume of 110K last year with 96 K overhead ( I think this inculdes labour costs. ) I’d really like to have my own business that is not high maintainence, but it sounds like this business is not making lots of money. Does any one know of a successful tanning salon owner making at least 50K net take-home? Do you know any disaster stories? Why did they happen? I basically want to maintian this business and set it up so that I can use it as a stream of passive income. Any thoughts?
I’m not so knowledgeable on the business part but I have noticed there are more and more places that offer the spray on tan. I think more people are opting for a spray rather than exposing themselves to a tanning light.
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