How much does it cost to start a tanning salon?
If you are thinking of outing up your very own tanning salon, you must be asking what every newbie in the business is asking: How much does it cost to start a tanning salon? The answer is different for different situations. Your bottom line will depend on a lot of factors such as the size of the salon you want to put up, the location, the tanning equipment you want to invest in, how many employees you will be needing, etc.
How much does it cost to start a tanning salon franchise?
Your initial cash out and total investment requirement depends mainly on how popular the franchisee is and how much support they extend. To give you an idea, here's a breakdown of how much does it cost to start a tanning salon franchise with Anytime Fitness.
Anytime fitness requires you to have liquid capital of at least $16,600, but reserve anywhere from $50,000 to $70,000 if you want more breathing room. The company says that your total capital investment can range from $16,600 to about $233,000, again depending on the size and location of your business. They offer financial assistance in case your savings are not enough.
How much does it cost to start a tanning salon on your own?
We suggest that you consult reference materials on tanning salon startups in order to accurately project how much money you need o shell out to get your own tanning salon brand off the ground. There are many e-books out there to help you answer, the age-old question of how much does it cost to start a tanning salon. Invest in these books – they do all the math so you do not have to.
How to Open a Tanning Salon from A to Z (by Rick Houston) is one such e-book. For a little less then $20, this e-book will show you the ins and outs of building your tanning salon from scratch. It answers questions like, How much does it cost to start a tanning salon? and What financing options are available? The book takes you on a step by step plan on how to make $40,000 to $60,000 per year in net profits. It even gives you advice on how you can expand to three to five salons in only five years to earn at least $300,000 annually and fast track to financial freedom.
Aside from telling you how much it costs to start a tanning salon, this book also shows you the optimum tanning salon locations, layout, and equipment, among many others. It also simplifies FDA regulations, translates technical data about tanning equipment into more understandable terms, and even gives you samples of construction notes and details for contractors. This e-book also gives you access to more than one hundred indoor tanning industry links, and provides you with a tanning salon business plan guide at no cost. This is a great read for serious tanning salon owner wannabes. It's definitely worth ever penny.