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Hair Salon Suites: How to Avoid Failure

By August 21, 2024Salon Spa Blog
hair salon suites

Renting hair salon suites should be all about success, and right out of the chute we apologize for going “dark” in this article, but the plain truth is that independently owned hair salons have a failure rate which is increasing the past couple of years, and that trend must be discussed.

Which we will do in this article by Salon & Spa Galleria, serving the Greater Fort Worth Metro area with twenty-three salon suite rental locations. Call us at 817-917-1416 for straight talk about renting salon suites.

And straight talk is what you will get right now.

What are hair salon suites?

Hair salon suites are private, fully equipped spaces within a larger salon or building that individual stylists or beauty professionals can rent. These suites offer a range of amenities and allow for personal customization, giving stylists the freedom to create their own unique environment.

Why some fail?

Here are the top six reasons why salon suite rentals fa

  • Failure to retain customers
  • No shows and missed appointments
  • A shortage of cash reserves
  • Poor pricing of goods and services
  • No marketing plan or a poor marketing plan
  • Poor customer skills and/or poor professional skills

The beauty of salon suite rentals is the ease in which they allow people who do not have large bank accounts to enter the business world as entrepreneurs and independent salon owners.  However, the fact that it is easy to do sometimes encourages people who are not skilled or trained to do it without the skills necessary.

That’s the bad news. The good news is that five of the six reasons listed above are fixable.  The only one which cannot be fixed by training and guidance is the shortage of cash reserves.  Having enough money in the bank “for a rainy day” is crucial.  Our suggestion: you need to have at least, and we emphasize “at least,” a two-month reserve in the bank, and preferably more than that.

The first two months will be an adjustment period.  You will be learning how to be a business owner, and you will make mistakes.  You are going to lose a certain percentage of your customer list because of moving to a new location.  During those first few months, you will need those cash reserves to offset the low point in the learning curve.

That’s the bad news in a nutshell. The good news is this: everything you may lack now can be learned and fostered by a good leasing management firm like Salon & Spa Galleria.

What we do to protect against those failures.

How do we help at Salon & Spa Galleria?

We offer a twenty-six-step business plan which is a proven winner.

We offer free monthly workshops at which we instruct you on marketing tips and proven strategies.

We provide you with an amenities package, all included for free in the monthly lease payment.

And our salon suite leasing prices are the lowest in Fort Worth Metro.

Add it all together and you are talking about a very high success rate at Salon & Spa Galleria.  We don’t talk in terms of failure at SAS; we talk about WINNING!

A final word about Salon & Spa Galleria.

Salon & Spa Galleria is locally owned and operated. Call us today, arrange for a tour of our facilities, talk to the leasing agent, talk to our current clients, and then make the only decision which makes sense . . . Salon & Spa Galleria.