If you are a hair stylist, without a doubt you have heard of hair salon suites. They have been the rage for over a decade now, and they are rapidly growing in number. Perhaps you are curious? Perhaps you are dissatisfied with your current employment and you are shopping around. Whatever the case may be, this article should definitely give you something to think about.
We are Salon & Spa Galleria, serving the Greater Fort Worth area with twenty-three salon suite rental locations. Call us at 817-917-1416 for current pricing and availability.
The traditional hair salon establishment.
If you are a hair stylist, you are very aware of the traditional business model. Someone owns a hair salon or beauty salon, located in a stand-alone retail building or a leased property in perhaps a mall or strip mall.
You walk in the front door, and you see a reception desk, a waiting area, and beyond the reception desk there are multiple workstations. Each workstation has an independent contractor helping a customer, and that independent contractor (the hair stylist) is working for commissions. In the Old West they would be the fast gun for hire, talented and working for a piece of the pie, albeit a small piece.
It has been that way since 1900, and it still exists today, but its market share is dwindling, and that’s because of the salon suite rental business model.
Hair salon suites shrink that down.
Walk into a hair salon suite and you will see a couple seats for waiting and the owner of the business helping a client in the one chair, or possibly one of two chairs. The hair stylist is the owner, the business is a hair salon only it has shrunk down in size. Anything you could every want in the traditional hair salon can be found in this smaller version. And, if you are the hair stylist in this example, you are also the owner of the business, and that means no more commissions and 100% of the profits.
Ownership vs employee
This, then, is the important topic of conversation: do you want to be an employee (independent contractor) or do you want to be the owner.
The hair salon rental business model is extremely affordable; the salon suites rent for between $100-$200 per month at most locations, which means a property rental of under $1000 per month, and there is no way you can rent a stand alone retail property for that much in any city in the U.S. The overhead is very low, one room vs one building, and in many cases, some of that overhead is included in the rental price. Take for example Salon & Spa Galleria. Just a partial list of the amenities included in the rental cost would include:
- Utilities
- WiFi
- Laundry facilities
- Free HDTV
- Personalized web page
- 26-step business plan
- Marketing workshops
- 24/7 access
- Security monitoring
- And much more
Is this hair salon suites business model for you? Only you can answer that question. Some people are comfortable as employees rather than owners and that is fine. However, if you have dreamt of owning a hair salon, we suggest to you that this is an affordable and very popular way to do that.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria is locally owned and operated, and we invite you to call us and arrange for a tour of one of our twenty-three hair salon suites locations. It won’t cost you a penny to discuss this opportunity with our leasing agent, and it just might change your financial situation dramatically for the better.
