Salon suite leasing is what we do. We are Salon & Spa Galleria, covering the Fort Worth Metro area with twenty-three salon suite rental location. Call us at 817-917-1416 if you are in the Fort Worth area and you need more information about renting a salon suite.
Based on our extensive experience in this field, what follows is our best advice regarding the leasing of a salon suite, no matter which city you may live in.
What is salon suite leasing?
Perhaps you have heard of salon suite leasing, but you are a little unsure of what it is. To clarify for you, think traditional retail space leasing and then shrink it down.
Traditionally, a hair salon, or beauty salon, was operated from a retail building. Since retail space is priced by the square foot, and a beauty salon needs, conservatively, several thousand square feet to function properly, opening a beauty salon was usually too expensive for more people.
With that in mind, salon suite leasing takes the traditional way and shrinks it into a one-person salon, usually operated in one room. Needless to say, this is a much less expensive undertaking, making it much more affordable for average people with average incomes/savings. Instead of paying a monthly lease of several thousand dollars for a building, a salon suite may only cost between $100-$200 per week. In fact, at Salon & Spa Galleria, luxury salon suites start at $75 per week.
Our best advice regarding salon suite leasing.
Now that we have a working definition, let’s move on to the advice we have for you.
Are you ready?
Start small!
It is only human to think big. It is only natural to get excited about owning a beauty salon and having grandiose dreams and visions. However, if we had to name the #1 reason why salons fail, especially in the first year or two, it is because the new owners bit off more than they could chew in the early months, severely straining their finances.
Consider this, and we have proof, right now, at any of our twenty-three locations: it is entirely possible to make a six-figure income as a one-person salon.
Take baby steps the first year. Allow success to come to you in stages. Damper down the excitement, take a deep breath, and build for the future.
You can always expand at a later date.
Success has no time limit on it. If you have to wait a year, or two, to expand into a two-person, or three-person, salon, then that is how long you have to wait. You will still be able to make a good income as a one-person salon, and you will be building a foundation for success which will serve you well for years to come.
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. Ask us about the incredible amenities package included in our low rent, ands we also encourage you to talk to our current clients and get their opinions about Salon & Spa Galleria.
