Sunbeds can be a lucrative investment for businesses in the tanning industry. However, the cost of ownership goes beyond just the initial purchase price. In this guide, we'll explore everything you need to know about the cost of owning a commercial sunbed, from maintenance and finance to additional expenses you may not have considered.
When considering the cost of a commercial sunbed, the initial purchase price is likely the first expense that comes to mind. The price of a sunbed can vary greatly depending on the brand, model, and features. Here are some factors that can affect how much you can expect to pay for a sunbed:
There are two main types of sunbeds: lay-down and stand-up. Lay-down sunbeds tend to be less expensive than stand-up models, but they may take up more floor space in your business.
Higher-end brands and models tend to be more expensive than their lower-end counterparts. However, they may offer additional features and benefits that can make them a better long-term investment.
Sunbeds with advanced features like cooling systems, adjustable facial tanners, and voice-guided controls may come with a higher price tag. Consider whether these features are worth the additional cost for your business.
The initial cost of purchasing a sunbed is just the beginning of the expenses associated with ownership. Sunbeds require regular maintenance and may need repairs over time. Here are some costs to consider:
Routine maintenance, such as tube replacement and cleaning, is necessary to keep your sunbed operating safely and effectively. You should budget for these expenses regularly to ensure your tanning bed stays in good condition.
Even with proper maintenance, sunbeds can experience breakdowns and malfunctions. It would be best to plan for unexpected repairs and budget for these expenses accordingly.
Over time, you may want to upgrade your sunbed with new features or technology. These upgrades can come with a significant price tag, so you should factor them into your long-term budget for equipment costs.
Purchasing a sunbed outright may not be feasible for every business. Fortunately, there are finance options available that can make it easier to invest in equipment. Here are some options to consider:
Leasing a sunbed allows you to make payments on the equipment over time rather than paying the full purchase price upfront. However, leasing can come with additional fees and interest charges.
Financing a sunbed through a lender lets you own the equipment outright while making payments over time. This option may be a good choice if you want to avoid additional fees associated with leasing.
In addition to the costs associated with purchasing, maintaining, and financing a sunbed, there are other expenses you may not have considered. Here are some to keep in mind:
You should insure your sunbed to protect your investment in case of damage or theft. The cost of insurance can vary based on the value of your equipment and your coverage needs.
Sunbeds use a significant amount of electricity, so you should budget for this expense accordingly. You may want to consider installing energy-efficient sunbeds to reduce your monthly utility costs.
You may need to invest in marketing and advertising to attract customers to your business. This can include online advertising, print ads, and promotions. Be sure to factor these costs into your overall budget for sunbed ownership.
Training your staff to operate and maintain your sunbeds properly is essential. This can require additional time and resources, so budget for staff training.
Owning a sunbed can be a profitable investment for businesses in the tanning industry. However, you should consider all the costs associated with ownership, from the initial purchase price to ongoing maintenance and unexpected repairs. By carefully planning and budgeting for these expenses, you can ensure that your sunbeds are a successful and lucrative part of your business.
The cost of sunbeds can vary greatly depending on factors like brand, model, and features. You can expect to pay anywhere from a few thousand pounds to tens of thousands for a sunbed.
Sunbeds require regular maintenance to stay in good condition. This can include tube replacement, cleaning, and inspections. The frequency of maintenance can depend on the specific sunbed model and usage.
Yes, leasing is a common finance option for commercial sunbeds. However, leasing can come with additional fees and interest charges.
Yes, it's important to insure your sunbed to protect your investment in case of damage or theft. The cost of insurance can vary based on the value of your equipment and your coverage needs.
In addition to the upfront purchase price, there are ongoing costs associated with maintenance, repairs, finance, and other expenses like electricity and advertising. Make a budget for these costs to ensure that sunbed ownership is a successful investment for your business.