To combat the confusion which still attaches itself to the phrase “salon room rental,” we are writing this article for clarification. We are afraid far too many talented professionals in the beauty industry are denying themselves the chance to actually own their own beauty salon, or hair salon, or nail salon, and that would be a shame.
We are Salon & Spa Galleria, leading the way in the Greater Fort Worth area with twenty-two locations, offering outstanding salon suite rental opportunities. Call us at 972-691-7300 for more information and to arrange for a tour of our luxury salon suites.
Now, though, let’s talk about you and a salon room rental in your life.
What is a salon room rental?
To better understand a salon room rental, think about the majority of retail establishments i.e. hair salon, beauty shop, microblading salon . . . they are operated out of a retail location which the owner rents. Very few of them are owned by the business owner. They pay a lease, which gives them a physical address for their business, but the actual business conducted in that retail location is 100% the owner’s business.
This was true one-hundred years ago, and it is still true today. The only problem with this business arrangement is that today, in the year 2023, retail leases cost an arm and a leg, making the cost of starting up a business exorbitant, and far beyond the financial means of most beauticians.
A salon room rental is actually a location for your sole proprietorship
With regards to a salon room rental, take the previous explanation and shrink it down, from a retail location where multiple beauticians work, to a single room where one beautician works. Instead of renting a retail building, you are renting a retail room, or studio, and from the room, or studio, you operate a sole proprietorship. You are still the owner of your business; you are just paying far-less in monthly leasing fees plus start-up costs.
How much less? At Salon & Spa Galleria, the weekly rent for a salon room rental is as low as $50 per week at select locations. Do the math for a full month, and you are paying $200 per month for a retail lease instead of $1500-$5000 per month for a retail lease with multiple rooms.
Booth rental vs commission
And here is where the rubber really hits the road. Working in a beauty shop for someone else, most beauticians take home about 40% commission on the income they generate. Working for yourself, in a salon studio rental, you take home 100% of the profits generated, after you pay overhead expenses, of course.
We have found, with our clients at Salon & Spa Galleria, that their income jumps, on average, 60% using the salon suite rental business model.
How does 60% more income sound to you?
A final word about Salon & Spa Galleria
Salon & Spa Galleria is locally owned and operated. Two years ago we had ten locations. Today we have twenty-two, with more in the planning stage. Obviously, our business model is working. Cal us today and drastically change your life tomorrow.
