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Why a Salon Suite Rental is Your Best Financial Decision

By May 26, 2022Salon Spa Blog
affordable luxury salon suites

Perhaps you are been considering a salon suite rental for some time now.

Perhaps this is the first you have heard about a salon suite rental.

Whatever the case may be for you, this article will, hopefully, convince you that a salon suite rental is, far and away, the best decision you can make for your financial future.

We are Salon & Spa Galleria, boasting twenty locations in the Greater Fort Worth area. It is safe to say we know a thing or two about salon suites and salon suite rental, so call us at 972-691-7300 to speak to a leasing agent and to get your questions answered.

Now, let’s talk about your financial future.

Break it all down with a simple math lesson

We are going to present two simple scenarios. We believe it will clearly point out the two opposing camps with regards to the beauty industry.

In the first scenario, we have a hair stylist who works in a beauty salon owned by Maxine Potter (fictional character).  Ms. Potter pays 40% commission to her hair stylists.  In other words, the hair stylist in question will style someone’s hair, the charge for that service will be, say, $100, and the hair stylist will keep $40 of that and Ms. Potter will keep $60.

In the second scenario, a hair stylist decides to lease a salon booth rental, or a salon suite rental.  They take care of a customer, charge the same $100 for the service, and they keep the full $100 for themselves.

We have obviously simplified the whole process a bit for illustration, but the bottom line is valid: when you own your own styling business, and operate that business from luxury salon suites, you keep 100% of the profits.  When you work for someone else, from their beauty salon, you keep a percentage of the profits earned.

Now, multiply this one example times ten customers per day, five days per week, fifty-two weeks per year, and it is easy to see which scenario will provide you with the most profits.

Yes, you will have expenses in your own salon suite rental

For sure, there are expenses in owning your own business.  You will have to pay for a business license.  You will have to pay for insurance, and you will have to pay for any product you are going to sell from your salon suite.  Other than that, in the case of our own Salon & Spa Galleria, all other expenses are paid for. We include utilities in our rental cost. We include WiFi, a web page, security monitoring, and an HDTV in the rental price. We include laundry facilities in the cost.  We, in fact, include almost all of your overhead in one simply cost, as low as $75 per week at select locations.

Still, the choice of a salon suite rental seems obvious to us

Do that math yourself. We think it is obvious which option, which scenario, provides the best opportunity to become financially fit.  How much you make is entirely up to you using the Salon & Spa Galleria business model. That cannot be said working in a beauty salon owned by someone else.

A final word about Salon & Spa Galleria

As of the writing of this article, it is 2022 and there are twenty Salon & Spa Galleria locations to choose from.  Two years ago, when the pandemic began, there were ten locations.  We have doubled our business footprint on the Fort Worth area during one of the worst economic downturns in recent memory.

That’s called stability and growth, and you can be a part of it.

Call us today about a salon suite rental.  It will be the most profitably phone call you will ever make.