We get this booth rental question all the time at Salon & Spa Galleria. Is a booth rental the same as a salon suite rental? And what about a salon chair rental? Or a spa suite rental? There are so many descriptions/names . . . do they all mean the same thing and what, exactly, do they refer to?
Salon & Spa Galleria is here to clarify them all and give you the basic knowledge you need to determine whether a booth rental is in your future. Call us at 817-917-1416 for more information about our luxury salon suites available at our twenty-three Fort Worth locations.
What is a booth rental?
A salon booth rental is an arrangement where a stylist rents space within an existing salon to operate their own independent business. Instead of working as an employee on commission, the stylist pays the salon owner a weekly or monthly fee to use a dedicated station or “booth.” The stylist keeps 100% of their service revenue while being responsible for all their business expenses and operations.
With agencies like our own Salon & Spa Galleria, the booth rental is not in existing salons but rather in buildings which house a variety of individual businesses, all related to the beauty and wellness industry.
What’s the difference?
So, why all the various names? The difference, really, is in the size of the unit. Generally, the smallest of these is the salon chair rental, and oftentimes those are, indeed, in existing beauty salons. The next step up is a salon booth rental, followed by a salon suite rental. The rental price will be determined by the size of the rental. Please note, this is a generalization; specific rental prices will differ from company to company and city to city, but that is the basic information needed to go forward.
Break it down to dollars and cents.
The traditional salon model had “employees” working each workstation for a commission, generally in the 40% range, on each salon recorded by the employee. With this new business model, the salon suite is home to an independent business; the name of the agency is one thing, as in Salon & Spa Galleria, but the individual salons within the building are separate businesses i.e. Emily’s Salon, or Nails R Us.
Thus, this is a matter of ownership vs employment, which means 100% of the profits made vs 40% commission. And that can mean a bump in earnings of tens-of-thousands of dollars each year.
Every booth rental, or salon suite rental, is an autonomous business, with all business decisions made by the person renting the suite.
And make no mistake about it, this is the fastest growing segment of the beauty and wellness industry, simply because it is a very affordable way to go into business for yourself.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria is locally owned and operated, serving the Fort Worth Metro area with twenty-three agencies. Each one offers outstanding value and a long list of amenities including free utilities, free Wi-Fi, and a free HDTV. Call us today about current rental prices.
