Buying a nail salon: check the numbers first

A busy salon and a sound purchase are different questions. Deal Check lets you explore the figures supplied for a sale or investment and identify the assumptions that need evidence. A promising output is only as reliable as the inputs behind it.

What to prepare

Prepare the asking price, reported service sales, technician payouts, rent and operating costs. Distinguish documented numbers from verbal estimates. A peak month should not silently become the assumption for the entire year.

How to use it

• Enter known figures using the periods requested by the calculator.
• Read the main result, then inspect the assumptions and calculation details.
• Repeat with lower sales or higher costs, changing one assumption at a time.
• List the records you need before committing to a deposit or purchase.

An example to check

For example, a seller may quote May sales alongside annual insurance and rent figures. Align the periods before comparing them. Mixing a monthly figure with an annual cost can make a weak deal appear attractive.

Next step

Keep a base case and a cautious case. Take the unresolved assumptions to your bookkeeper or adviser rather than relying on the displayed estimate alone.