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Hair Salon Booth Rental Finances

By November 6, 2024Salon Spa Blog
hair salon suite rental

No one wants to talk about hair salon booth rental finances, but before you rent a salon booth rental, or salon suite rental, it is a conversation which must happen.

We are Salon & Spa Galleria, serving the Greater Fort Worth Metro area with twenty-three affordable salon suite rental locations. Call us at 817-917-1416 for information about current pricing and available units.

Now, let’s have that conversation nobody wants to have.

Hair salon booth rental lease cost.

If you have already begun your research into salon suites, you know there is a wide range of leasing costs.  We have seen them as low as $400 per month, and we have seen them as high as $2000 per month.  The determining factors are, of course, location, but also the size of the salon suite and the number of suites available in a particular city.  These lease payments are, for the most part, in almost all cases, non-negotiable.

Secondary expenses to tack on.

But we have just begun our discussion of costs. Next you need to consider the cost of decorating your salon studio, the cost of utilities, Wi-Fi, furnishing, initial marketing, insurance, a web site, and the cost of products you plan on selling in your salon or spa.

Some of these initial costs are one time but still must be considered. The other costs, like utilities, Wi-Fi, web site, etc., will be recurring costs and must be budgeted for monthly.  In many cases, these secondary costs can be as much, if not more, than the actual lease payment.

All right, that’s the end of the bad news. Now let’s talk about saving money.

Look for the best deal.

Those words, look for the best deal, sound like throw-away words, just something you would expect in an article like this one, but they are, in fact, the best advice we can give you.  At most hair salon booth rental agencies, you are not only renting the space but you are also receiving incentives, like free utilities, to entice you to rent from a particular place, and the number of incentives is what you want to pay attention to, because those incentives will greatly lower your monthly bills.

An example? Here is a list of incentives offered at Salon & Spa Galleria:

  • 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 the 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

Word to the wise: if you can find a leasing package, in your city, to match this leasing package from Salon & Spa Galleria, jump on it immediately, for these incentives are worth $300-$500 per month in overhead costs, and that kind of savings can be the difference between flourishing as an independent salon owner and failing.

A final word about Salon & Spa Galleria.

Salon & Spa Galleria is locally owned and operated, and our leasing agent is standing by to take your call and explain options to you.  Arrange for a tour, come visit us, and see for yourself why we are the leading salon suite rental agency in all of Tarrant County