If you are considering opening a spa in the Fort Worth area, this article will be a must-read for you. We are Salon & Spa Galleria, leading the way in the Fort Worth area in salon suite rental agencies. Call us at 817-917-1416 for more information and to arrange for a tour of our facilities and spas.
But we promised you some important information, so let’s get to it.
Small spa vs large spa: which is better?
In our professional opinion, it is always good business practice to start small and grow into your success. This is especially true if your name is not Elon Musk or Bill Gates, flush with investment capital.
Starting with a small space means fewer things that can go wrong and trust us, things always go wrong when you open a business of any kind. Opening a large salon, or salon studio, means dealing with multiple employees, which means more bookkeeping, which means more employees taxes, which means larger building and the plethora of problems which go along with that.
Starting small, a one-or-two-person retail space, means cutting down on expenses, cutting down on time commitment, and cutting down on the number of things that can go wrong.
Own spa building or rent spa suite?
You have two choices when you open any business: do you lease a building, or purchase a building, or do you rent a salon suite? Since we have already advised about the size of spa we believe to be wise, you can guess where we are heading with this question.
The larger the building, the more expenses which accompany that building, and we will touch more on that in the next section. Leasing a retail property like a stand-alone shop in a strip mal will run you a couple thousand dollars per month in rent. Purchasing the same building will cost you a half-million a the very least, and the mortgage payment which accompanies that purchase, Now toss in the furnishings needed, the signage, the insurance, utilities . . . and you are looking at a major outlay of cash before you ever hang your “Open for Business” sign.
And that means a major strain on the resources of the business owner.
The cost of rental is very low, meaning low overhead.
So, let’s talk rental and, in particular, let’s talk small rental, as in a salon suite. In most cities, certainly in Fort Worth, you can rent a salon suite for between $75-$300 per week. Depending upon the contract you sign, this rental price may include utilities and possibly more. In fact, all of the expenses mentioned above are lower, and this means a greater possibility of success for your fledgling business.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria has twenty-three locations in the Fort Worth area. Our luxury salon suites start at $75 per week, and that low price includes utilities, WiFi, a free HDTV, laundry facilities, security monitoring, and furnishings should you need it . . . and a free marketing program!
We are locally owned and operated, and we are the leaders in the salon suite rental industry in the Greater Fort Worth area. Call us today and let’s put you in your new spa business location.
