Presented By Brent Tournier.  Hair Salon  Owned by Brent Tournier and Stephanie Muller  Haircuts, Colors, Tanning, Waxing and Gel nails  Features.

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Presentation transcript:

Presented By Brent Tournier

 Hair Salon  Owned by Brent Tournier and Stephanie Muller  Haircuts, Colors, Tanning, Waxing and Gel nails  Features two stylists with addition of third stylist in third year of operation

 Brent Tournier 4 th Year Marketing Major RBC Account Manager  Stephanie Muller Hair Stylist at Hair Style Inn Certified Journey Person

 Carman, Manitoba Farming community located in a rich agricultural prairie belt  Approximately 3000 residents  Located 60KM Southwest of Winnipeg

 Diane’s -Typical small town hair dresser -Medium Pricing Point  Classic Hair Design -Comparable to an Ultracuts -Low Pricing Point  Our competitive advantage will be our ability to offer the elegance of a high end salon in the comfort of a small town price.

Primary Secondary Age: All Gender:Female Male Location:Carman and Area Income Level:$55,000 +$0-$40,000$40,000 + Class:Middle to Upper Occupation:Farmer’s Wives and Professionals StudentsTrades and Professionals

 Newspaper Ads -The Valley Leader  Flyers -Mailboxes in Post Office  Website -Updated Monthly  Signage -Directly in front of Salon  Word of Mouth -People love to talk

 Building- 69 South Main Street $49,000 + $6,000  Furnishing and Equipment $15,000  Total of $70,000 needed, which will be financed at 60% equity and 40% bank debt $28, %

 Average Purchase is $50.00  1 st 50% booked (4 clients/day) Total Revenue= $52,000 Break Even= 2.4 clients/day  2nd 70% booked (6 clients/day) Total Revenue= $80,256 Break Even= 2.5 clients/day

 3 rd 80% booked (7 clients/day) Total Revenue= $102,889 Break Even= 2.7 clients/day  4 th 85% booked (7 clients/day) Total Revenue= $109,342 Break Even= 2.6 clients/day  5 th 85% booked (7 clients/day) Total Revenue= $116,254 Break Even= 2.5 clients/day

Stephanie’s Salary Dividends Year 1- $31,200 - Year 2- $44,554$10,000 Year 3- $54,534$20,000 Year 4- $58,405$25,000 Year 5- $62,552$30,000 IRR- 50.7%