08 Sep, 2017

Tanning Salon Franchises Opportunity

Tanning salon franchises opportunity If you choose the right location, starting up a tanning salon franchises opportunity can be an extremely profitable venture. Startup capital is usually the number one concern with entrepreneurs, but if you prepare a decent business plan, financing should not be too hard to get. As long as you have something to back up the risk such as a home or enough of a down payment in the business. Now depending on how many beds you are going to need, it can be quite expensive. If you are planning on purchasing a franchise, then the prices will range from $135,000 - $399,000. The price all will depend on the size, and which company you are representing. The opportunity is still out there is this market if you are able to get enough money to start one up in an area that has not already been taken over. Many places throughout the U.S. are already filled with tanning salons, especially college towns. If by any chance, you are able to find a decent sized college with only 1 or 2 salons nearby, you may have hit a jackpot location. Earning Money From Your Tanning Salon You may not know this, but most of the profits will be made through tanning product sales. If you were to open a tanning salon without selling any lotions or tanning products, you would be losing out on a lot of potential income. By having a large selection of lotions and samples of lotions, there will be something for every one of your customers. Tanning lotion bottles usually sell for $20-$30 each, and selling these day after day will really add up! Alongside the tanning salon franchises opportunity product sales, you still have the tanning session income. Most salons offer prices for daily visits, for a week, for a month, and for three months. From my experience, most people will opt-in for the 3 month offer if the pricing makes sense. Researching Your Competition This may sound like common sense, but if you find an area you think would be a good place to start up a tanning salon then you can do some preliminary research on current salons in the area. For example, you should find out how many beds they have and come around peak business times to see if they get backed up. If you see that they get very busy, opening a tanning salon franchises opportunity nearby would attract those "waiting" customers to you. Also, note how much they are charging for their different plans and what you could do differently. A little research and planning can go a long way.