If you want to buy the salon than do it, but be careful to only pay for what you are actualy getting. Are you really getting a solid business with a good name? If not, than all you are getting is a lease on a space with used furniture, and that is all you should be paying for. There is a huge difference between the two things. One is much more valuble than the other.
If you like the location than why not meet with her privately and offer to buy her out on the lease? You can then redecorate and change the name, and fire anybody who is a pain in the butt.
Invite the people you all ready know and like from working there to stay with you, but don't expect that they will automatically stay. Sometimes even the good ones won't like the change. The advantage would be that your own clientele won't have to go looking for you, since you will be in the same space where you have worked for a while.
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