If you are considering spa rooms for rent, without a doubt you have a ton of questions. After all, renting a spa rental space, or salon suite, is a huge business decision as well as a huge personal decision. You will be switching from being an employee, a worker bee making commissions but having very little responsibility, to an owner, the “queen bee,” keeping100% of the profits and having all of the responsibility without a safety net if you fail.
The purpose of this article, then, is to give you insider information about spa rooms for rent to that you can make an informed decision. In our minds, owning a spa and renting a spa room for that spa, is a smart decision. Now, let’s look at why we say that. We are Salon & Spa Galleria, serving the greater Fort Worth Metro area with twenty-three salon suite rental locations. We know a thing or two about this industry. Call us at 817-917-1416 for more information and to arrange for a tour of our affordable salon suites.
Spa rooms for rent cost.
Any discussion about value in the salon suite rental industry must begin with cost. It is the first question we are asked by potential clients. What will the spa room cost per month? Unfortunately, there is no “one size fits all” answer to that question. Spa room rental costs vary from city to city and they also vary from rental company to rental company. We have seen the rental cost as low as $400 per month and we have seen the cost as high as $2000 + per month. In other words, what is good for the goose in Topeka is not necessarily good for the gander in Beverly Hills.
Still, despite the great discrepancies in rental costs, what we can assure you is that renting a spa room is most definitely less expensive than leasing a standalone retail building, which can easily cost you $2000-$$10,000 per month, depending upon location and, in addition, the added costs of furnishings, signage, utilities, Wi-Fi, etc. It is, in fact, this “low cost of renting,” which makes spa rooms for rent such an attractive business proposition. Someone with modest savings can actually become an owner simply because the rental cost is much lower than leasing a building.
The fantastic value is found in the amenities offered.
Having said all that, the true value is in the amenities package offered by the salon suite rental agency. Allow us to use our own Salon & Spa Galleria as an example. Included in our low rental prices are the following amenities:
- 24/7 salon access
- 24/7 security monitoring
- Plenty of parking for tenants and clients
- Convenient access
- Handicap accessible
- Wide hallways
- Comfortable waiting area
- On site laundry room free to all tenants. We even provide soap.
- Break room with microwave, sink, Keurig, refrigerator
- Endless instant hot water with tankless hot water heaters.
- Smart TV with fiber in each room
- Free Wi-Fi for tenants and your customers
- Decorate your suite how you want!
- Utilities included (water and electricity)
- Wash bowl or sink in each suite
- Beautiful state-of-the-art equipment available
Those amenities easily represent another $300-$500 savings per month, overhead costs you will not have to pay as the owner of your spa.
Perhaps now you can understand why we say spa rooms for rent, in some locations like our own Salon & Spa Galleria, offer fantastic value.
Is it for you?
This, then, is the question. Is being a spa owner right for you? Do you have what it takes to succeed as a small business owner? There is a world of difference between being a worker bee, with a guaranteed income, and being the queen bee without a financial safety net. The responsibility falls on your shoulders to succeed. And to be completely honest, not all who rent salon suites succeed. Some people are not cut out to be business owners and are better suited, psychologically and emotionally, to work for someone else. And that is perfectly all right! Our only word of advice is to think long and hard about what type of person you are before cutting the proverbial umbilical cord and going it alone.
A final word about Salon & Spa Galleria.
Salon & Spa Galleria is locally owned and operated. Call us and ask us about the free management and marketing workshops we offer as part of our amenities package.