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Is buying a tanning salon a bad business investment decision?

I am looking to buy a tanning salon chain with absentee ownership. Bad decision in this economy especially with the new tanning laws?

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Answers (2)
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Freedom Business Brokers
Orange County, CA

Recently I heard somethiing against tanning salons that govt is restricting them as the may create
skin cancer, although I am not 100% sure about it.
please check it with the relevant department governing it before jumping into one and investing.
Sid0653@hotmail.com.

Dec 5, 2010
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The BAF Group LLC
MD

It all depends on the individual tanning salon. What is the history? Ask for 3-year Tax Returns and month-to-month YTD P&Ls, as well as the same documentation for the prior year so that you can see recent trending. Some people are not traveling, but getting a tan none-the-less through tanning salons. But you need to know how THAT one is doing. Make no assumptions about the market, at large.

Dec 5, 2010

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