Finding the right used tanning salon equipment can be hard, especially logistically speaking. However finding the right buyer can be equally difficult. Much like selling a tanning salon, normally takes on the low end 3-9 months from listing your salon for sale (on www.BuyTanningSalons.com)
To getting a check and handing over the Tanning salon keys, expect the same at the minimum for selling your used tanning equipment. Don't expect to do a fire sale and get a decent price out of your equipment. If you are planning a liquidation sale, you should contact a professional 2-3 months out. Our partner www.RefurbishedTanningBeds.com will advertise your salons tanning equipment sale several months out, to potential tanning salon used equipment buyers. Then as the largest used tanning equipment power seller on Ebay, they can leverage there trust in their brand name to get the best price on your equipment on Auction day. If you do a quick search on Ebay (where tanning beds sell for as low as 99 cents due to lack of equipment advertising to pertinent buyers), or keep an eye on craigslist you will see equipment takes, ill logical price point jumps, takes an extremely long time to sell (if it sells), due to improper pictures, add wording, as well as not sufficiently identifying the pertinent marketplace and providing sufficient advertising during due diligence to those markets prior to an auction beginning. At the end of the day, the planning of your equipment sale, several months in advance is what matters more than the equipment being sold. The average person sees the maximum value of your tanning equipment, not as you see it. You see your equipment value based on what it could make you in a Tanning Salon Environment, which is significant ($30 a session x 10 sessions a day maybe), the average consumer, which if not properly planned and marketed is your only Realistic buyer, see's the value based on there average annual tanning salon spend, which currently looms at less than $200 annually. I witnessed an entire planet beach tanning salon in Tulsa Oklahoma go for little more than its opening bid of $5,000 the owner SBA loan was supposedly about $350,000 3 years or so prior. Equipment was in great shape with a good selection. Why such a bargain price? ..... You got it, it was not properly marketed. Was it sold by the local professional auction house? Yes it was........... However how many auction houses have ever sold tanning equipment. Why most auction houses take there 30% cut plus 15% buyers premium for 45% total or more off each sale is they have a list of buyers that have bought or expressed interest in buying tanning equipment. So before you have a company sell your tanning equipment ask them: Have you sold Tanning Salon Equipment Before? How much tanning equipment have you sold? How would you market my tanning equipment to get the best price? The Tanning equipment market is 60% North American based and 40% International , how would you provide the logistical feasibility to sell to International buyers as well as North American Tanning Equipment buyers to guarantee maximum value of my tanning equipment? In closing plan, on taking at least 3 months to find the buyer for your tanning equipment, be prepared to replace tanning bulbs, acrylics, pack and crate for shipping, pay for Visa/CC transaction/Auction house fees, and maybe even help cover some of the installation or shipping costs of that used tanning salon equipment. oh.... and to quote myself "something is only worth, what some one is willing to pay for it"
1 Comment
|
Author
Is an industry veteran with over a decade in the industry. one of the highest level producers in the industry at nearly 2 million a year in personal retail sales for corporate salons, before owning franchises of his own, and later his own successful chain that took over 16 brand names before Adam sold out. Archives
November 2014
Categories |