We are asked, quite often, what the requirements are for a salon suite rental, and it’s an interesting question, so much so we decided to devote an article about it. We are Salon & Spa Galleria, leading the way in the Greater Fort Worth Metro area with twenty-three salon suite rental locations. Call us at 817-917-1416 for more information. If anyone can answer your questions about renting affordable salon suites in Fort Worth, it would be Salon & Spa Galleria.
So, let’s answer that question, shall we?
What is a salon suite rental?
To best answer this question, we refer you to the traditional hair salon, or beauty salon. The vast majority of people reading this article have been in a hair salon or beauty salon, so you know what they look like. The owner, who either owns the building outright, or is leasing the building from some real estate brokerage firm, has multiple workstations within that salon; in addition, there is a reception desk and a waiting room.
In this traditional model, the actual hair stylists are independent contractors, and they are leasing the workstation and actually working for commissions, generally in the 40% range.
With a salon suite rental, the hair stylist leases a single salon suite, or salon studio, and in that suite they operate THEIR business. It is a traditional salon shrunken down to one room. The hair stylist, in this case the owner, keeps 100% of the profits after paying expenses.
Salon suite requirements.
This is where it really gets interesting and appealing. The only real requirements are a business license and liability insurance. Other than those two non-negotiables, you need the money to pay for rent, and you will need to pay other start-up expenses, like decorating the salon suite and, if necessary, renting or buying furniture. The miscellaneous expenses which are true for any rental are true for this as well . . . i.e. the price to hook up utilities, the price to hook up WiFi, and initial marketing costs.
That may, or may not, sound like a great many things to pay for, but we have had clients at Salon & Spa Galleria, who have opened their doors for business for less than a $1000 investment in start-up costs.
Find the deal best for you.
A word to the wise: do not jump at the first offer you receive. The number of amenities included in the rental price varies from rental company to rental company. For instance, our own Salon & Spa Galleria includes utilities, WiFi, a free HDTV, marketing workshops, 24/7 access, laundry facilities, and more in our rental price. These things can easily mean savings of between $300-$500 per month, and that is substantial for a start-up business just trying to gain traction in the retail world.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria is locally owned and operated, and we can tell you, with certainty, that we offer the best rental package in the Fort Worth area. Call us today, talk to a leasing agent, and arrange for a tour of our luxury salon suites.
