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Millions of people spend their time tanning in a salon instead in the sun, so it can be a very profitable business. Yet before you can make any money from running your own tanning salon, you have to invest in the equipment and the property. The big question then is how much does it cost to open a tanning salon? The answer to that question is going to depend on where you live, if you will be purchasing new or used equipment, the quality of the equipment, and the location of where you plan to establish your business. In some cases it is worthwhile to rent a building but other types you will save money if you simply purchase it outright. Another big ticket item you need to consider when opening your own tanning salon is the cost of your power source. A tanning salon needs much more power than most other businesses simply because of the number of tanning beds or booths operating at the same time. You have to make sure you aren’t draining so much power that you blow fuses or your entire electrical system has a meltdown. If possible, look to secure a building that once was a tanning salon, even if it was on a smaller scale than you wish to have for your own business. In most cases, the building will already be wired with the power source you need. Since any upgrades in this area have to be done by a professional, this will likely be very pricey. One effective option if the building already has a great power source supply is to purchase voltage boosters. These cost about $150 each and they can offer you the additional power you need to operate your tanning beds. In most cases you will have to have them professional installed. You will need one for each tanning bed or booth as they are installed to the wall and the tanning equipment is plugged into them. On average, you can expect to need a minimum of $20,000 to get a quality tanning salon business running. Remember that those individuals who come in to tan expect to have access to a clean environment, and equipment that works well. You will lose customers very quickly if these two elements aren’t in place. Even with the various health concerns surrounding tanning, millions of people continue to do it. However, you need to invest in safety features including emergency turn off switches to the tanning beds. You also need to invest in high quality tanning goggles for proper eye protection. Therefore, it is worth the added investment to secure a quality location as well as to pay for good tanning beds and booths. Most individuals who tan with share the information about a given tanning salon with their friends, family, and co-workers. The information they share about your business can lead to more customers or it can result in people staying away from your business. The internet offers some amazing tools to help you calculate exactly how much it is going to cost you to open a tanning salon business. These tools are free and very easy to use. They allow you to enter the cost of the building you will be purchasing or leasing, the cost of the supplies you will use, the cost of the equipment, and you can even estimate the cost of electricity and employee wages. Using these tools, you can get a much better idea of how much is will cost you to open a tanning salon. This information can serve as a very valuable piece of a persuasive marketing plan should you need to approach any type of lender to secure funding to get your tanning salon off the ground.
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