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Let’s Talk Risks of a Salon Suite Rental

By April 17, 2024Salon Spa Blog
salon suite rental risks

Most articles related to a salon suite rental are written to boast the advantages of such a business arrangement; we ourselves have written numerous articles about how great salon suites are, so it is only fair that we devote at least one article discussing the risks involved with renting a salon suite.

We are Salon & Spa Galleria, rocking the Fort Worth scene with twenty-three salon suite rental locations. Call us at 817-917-1416 for more information and to arrange for a tour of our luxury salon suites.

Okay, it’s time to discuss risks.

Even a salon suite rental involves financial commitments.

We often tell people that renting a salon suite is a very inexpensive way to enter the business ownership world, and that is true, but it is still a financial commitment.  Paying for a business license, paying for insurance, paying for decorating and furnishing your suite, paying for marketing, these things cost real money, and real money is at a premium these days.  If you only have five thousand dollars in savings, and you spend two thousand of it starting your beauty salon/hair salon/nail salon, that leaves you a very small safety need should you run into a financial emergency or personal emergency.

Emotional and psychological toll of owning a business.

The first item in this category we wish to emphasize is the fact there is no safety net.  You do not have a guaranteed income as a salon owner. You do not have medical coverage. You do not have some rich financial supporter. You are on an emotional island surrounded by unfamiliar seas, and that fact can be frightening for many people.  Owning a business sounds glorious and attractive, but there is a dark side which is all about sleepless nights for those not emotionally and psychologically prepared.  In no way are we implying that you are not strong enough to handle the pressures, but we are saying that owning a business is not all lollipops and rainbows.

Finding the wrong rental agency for your needs.

You can eliminate a great part of the financial risk by finding the right salon room rental agency, one specifically like Salon & Spa Galleria.  Not only are our salon suites very affordable, but take a look at the amenities which are included in the rental price:

  • 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 wifi for tenants and your customers
  • Decorate your suite how you want!
  • Utilities included (water and elec)
  • Wash bowl or sink in each suite
  • Beautiful state-of-the-art equipment available
  • Free web page
  • 26-step business plan
  • Free marketing workshops each month

And that right there equates to savings of $300-$500 per month in overhead expenses.

Shopa round and find the best deal for you.

A final word about Salon & Spa Galleria.

Salon & Spa Galleria is locally owned and operated, and our rental package is #! In the Fort Worth area. Call us today and let’s take the first step towards making you a successful salon owner.