Renting a booth in a salon, or rent space in beauty salon, is certainly a reliable way of entering the beauty and wellness industry. It is safe, it earns a decent income, and it is historically a recession-proof career move.
We are going to give you a brief primer about renting a booth in a salon, but also will tell you about how to rent a salon suite, which can be a completely different animal, one which is more than recession-proof, is in fact an approach which can move you into the next tax bracket.
We are Hill Country Salon Suites, serving the Greater Georgetown area with twenty-six affordable salon suites. Call us at 512-380-2500 for more information.
What is meant by renting a booth in a salon?
Renting a booth in a salon, otherwise known as a salon booth rental, sometimes known as a salon chair rental, is the traditional way of operating a beauty salon, hair salon, nail salon, etc.
In an established salon, owned by, well, the owner, beauticians rent a space, a booth, and there they service clients. They pay the rental fee for that space, and they earn a percentage of the money they bring in, otherwise known as working for commissions.
This is the way the beauty industry has operated since the beginning of the 1900s, and that model has worked remarkably well for salon owners, while at the same time providing a reliable, steady income for the beauticians, the ones actually doing the work.
What is a salon suite rental?
A new business model hit the beauty and wellness scene about fifteen years ago. With this model, instead of renting a booth within a salon, it became possible to rent luxury salon suites within a building of numerous suites, and each suite “houses” an independently owned business, a mini salon for lack of a better term.
Is there a difference?
In the first business model, the traditional model followed for decades, the actual beauty professionals, the ones doing the work, work for a percentage of the profits. In the second business model, those same beauty professionals become owners and keep 100% of the profits. And that right there explains why this new business model, the salon suite rental model, is so wildly popular in the U.S. today. It gives people, who otherwise would never be able to afford their own salon, an affordable opportunity to do exactly that, become a business owner.
How does it work?
You go to a place like our own Hill Country Salon Suites, in Georgetown, you rent a salon suite, you pay a monthly rental fee, and you open your own salon. Included in that rental fee are inducements like free utilities, free Wi-Fi, free HDTV, free web page, free laundry . . . amenities which save you hundreds in overhead expenses.
This is, quite frankly, the wave of the future. Is it for you? Call our leasing agent and we can talk about your future. Say goodbye to renting a booth in a salon, and say hello to being a salon owner.
A final word about Hill Country Salon Suites.
Hill Country Salon Suites is locally owned and operated. Call us today, sit down with us for a chat, and we will show you the numbers, numbers which don’t lie, numbers which confirm that you can dramatically increase your earnings when you rent a salon suite from us.
