My esposa is eager to start a u?as sal?n in Santiago - I am considering the proposal. The start up costs will be about 20,000 pesos - mostly for materials and some advertising. She lives in a busy area, hence plans to start for six months from her home. The materials seem expensive, so I am trying to buy the goods in the US and bring with me during my trips.
Has anyone tried to venture in this business?
The clientle she is targeting is lower middle class. So I don't think we need any fancy chairs and stuff. The focus here is that she is a talented artist and her designs will bring in the revenue. My expectation is that after costs, she will profit about 5000 pesos a month. I guess with the average client paying 180 pesos, she needs to see about 12-15 clients a week or 50-60/month. Thus allowing a 40-50% profit margin.
Realistic?
Does anyone know of a cheaper option to purchase supplies in the Santiago area?
Gracias en advance.
Has anyone tried to venture in this business?
The clientle she is targeting is lower middle class. So I don't think we need any fancy chairs and stuff. The focus here is that she is a talented artist and her designs will bring in the revenue. My expectation is that after costs, she will profit about 5000 pesos a month. I guess with the average client paying 180 pesos, she needs to see about 12-15 clients a week or 50-60/month. Thus allowing a 40-50% profit margin.
Realistic?
Does anyone know of a cheaper option to purchase supplies in the Santiago area?
Gracias en advance.