Sign in

New Rules for Selling Your Spa

William J. Lynott November 2010 issue of Skin Inc. magazine
hand with money

Excerpt Only This is a shortened version or summary of the article you requested. To view the complete article, please log in or create an account. Registration is Free!

After a decade that saw business-sellers flourishing, the economic meltdown of 2008 ushered in a precipitous drop in business sales, mergers and acquisitions.

In fact, 2008 was the worst year in recent times, according to Bryan Adams of FactSet Research Systems Inc, New York. “Clearly, the second half of 2008 stands out as the bottom, when the market essentially collapsed. Now, although the market is still finding its footing, it does appear that it is moving in a positive direction,” he explains.

Although many veteran business brokers suggest that the worst may be in the past, not everyone agrees. Business broker Herman Petrecca of Business Connection Plus in Warminster, Pennsylvania, specializes in small-business sales and says that he is continuing to make sales, but many of them are buy-and-flips. “There are buyers out there, but many are looking to buy at distressed prices so that they can turn around and re-sell the businesses,” he explains.

Excerpt Only This is a shortened version or summary of the article you requested. To view the complete article, please log in or create an account. Registration is Free!

 

Skip

Welcome to the new SkinInc.com!

Delivering the best information on the spa, skin care and wellness industry is our passion, and we’ve worked hard to design a powerful new website that incorporates cutting-edge technology to bring you:

  • Mobile-friendly Design
  • Integrated Sample Request
  • Refreshed Look and Feel
  • Dynamic Content
  • Free Registration

Mobile-friendly Design

Providing a unified experience from mobile to desktop, responsive design allows you to access Skin Inc. content from any device, whether you’re in the treatment room, at home or on the go!

Integrated Sample Request

Visit Featured Product pages to quickly and easily identify new suppliers and request product samples and information.

Dynamic Content

Articles are now linked with relevant products so you can find the products and treatments you need to provide the best results for your clients.

Free Registration

Create your user account to gain unlimited access to Skin Inc.’s unparalleled content.

Enjoy the New SkinInc.com!

Thank you for joining the Skin Inc. community of passionate skin care professionals. We look forward to providing you the best information to enhance your career!