If you have experience in the beauty industry and know all the nuances of this business, then you can independently choose an enterprise to buy and conclude a deal. If you are not very familiar with this area, it is better to resort to the services of specialists.
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At the very least, follow these tips:
First of all, look at the area types of nurse databases of the premises . So, for a hairdressing salon for two masters, about 25 m2 is enough , for a small beauty salon (offering haircuts, nail service, wraps, masks) - about 50-60 m2 , and a larger enterprise will take up at least 100 m2 .
Location and access roads are no less important . Ideally, there should be a parking lot, at least a small one, near the beauty salon.
Check the condition of the utility lines and electrical networks . All plumbing work must comply with SNiP standards.
The need for repairs and the current condition of the premises . They are assessed subjectively, based on personal experience and considerations.
There are a few more nuances that you need to know when buying a beauty salon:
Accounting in a company
Let's say you've found the perfect beauty salon that meets the four main criteria listed above. It has its own clientele and equipment, the interior is attractive, etc. Now you need to figure out what its income is (if any).
To assess the state of finances in a company, you need to familiarize yourself with its reporting. If you are not very knowledgeable about accounting, you will have to involve an outside auditor in order to understand whether the business is profitable, what its accounts payable and receivable are.
The documents reflect the actual volume of revenue of the beauty salon. If the information found by the auditor in the papers differs from the testimony of the business owner, it is worth trusting the papers. However, in this case, it is quite possible that the owner admits to having "black" accounting, which is kept in parallel with the official one and reflects much higher income. What follows from this and is it worth buying such a beauty salon if the current owner convinces you of its profitability?
Don't be afraid of the very fact of having "black" accounting: it's just a way for a business owner to save on taxes and payments to state funds. The only problem is that if revenue is not documented anywhere, is not confirmed by the signature of the chief accountant and the company seal, then it is impossible to prove that it really exists.
Therefore, when choosing a beauty salon to buy, do not rely on the unfounded assurances of its owner: in financial matters, you can only trust independent experts, financial statements and your own common sense.
Number of regular customers
The question of the number of regular visitors can be asked to the owner of a beauty studio at the first meeting. Answers like “I don’t know exactly; probably 30-40 people, or maybe 50, we haven’t had time to buy the program” should alert you: most likely, things are going badly in such a company.
If the business is profitable, the owner's answer will be something like: "Let's see. So, 45 people have purchased a loyalty card in the last six months, and 35 of them actually come to us regularly."
The number of clients, especially regular ones, should be found out from the owner of the beauty salon in any case.
Checking all documents
The business owner selling a ready-made beauty salon is obliged to provide the following documents upon your request:
Lease agreement for the premises. A lawyer should check that it is drawn up correctly.
Documents for all equipment transferred to the new business owner. Equipment used for medical procedures must be properly registered.
Collective agreement with employees. Make sure that it will be valid even if the company owner changes.
The cash register, or fiscal registrar, must be registered with the tax authorities.
In order to avoid unpleasant discoveries related to its material and technical part after purchasing a beauty salon, it is recommended to conduct an inventory together with the current owner of the business and familiarize yourself with the report of the previous inspection.