In this article, we will detail the difference between a salon booth for rent and a salon suites for rent, tell you why the latter is the best approach for a talented beautician, and finally why Georgetown, Texas, is a prime location for an independently owned and operated salon.
We are Hill Country Salon Suites, serving the Greater Georgetown area with luxury salon suites priced so you can afford them. Call us at 512-380-2500 for more information.
What is a salon booth for rent?
When people in the beauty and wellness industry talk about a salon booth, they are generally talking about traditional salons where independent contractors, the beauticians, rent a booth in a salon, but the salon is owned by someone else. This business model is one of owner and employee, with the employees working for commissions. It is solid work, it is dependable work, and it earns a constant income with very little risk for the “employees.”
It is also a dead end financially for those employees, simply because a 40% commission is a cap on possible earnings, just like any other employee in any other industry who works for a capped pay scale.
What is a salon suite for rent?
The alternative to that business model is the salon booth for rent. With this model, those aforementioned independent contractors rent a suite from a building owner, and in that suite, they operate their own mini salon. They keep 100% of the profits. They work for no one. They make all the decisions. They truly are independent owners free of the salary cap.
The difference is in earnings potential.
And that is the reason why the salon suite rental business model has become so popular over the last fifteen years. Skilled professionals, who otherwise could never save enough money to own a salon, suddenly find themselves in a situation where it is quite feasible and doable for them to be owners. And that means the sky is the limit regarding earnings potential.
Why Georgetown?
And why would Georgetown be a great place to open a mini salon in a salon booth for rent?
The U.S. Census Bureau released its list of the fastest growing cities in America, and Georgetown topped that list. The Austin suburb had the largest growth from July 2020 to July 2021, increasing by 10.5%, a rate of growth that would double the population in less than seven years, the study said. The population of Georgetown is estimated to be 75,420, up from 67,176 in the 2020 census.
“Georgetown continues to attract new residents for the same reasons many of us moved here – good jobs, safe neighborhoods and unbeatable parks and events,” Mayor Josh Schroeder said. “But all those things may not be as important as the sense of community you feel when families gather on a Saturday afternoon on our Courthouse lawn or dance in the street at our annual Red Poppy Festival. People don’t just move here: They fall in love with this town.”
And what better location for a new beauty salon, hair salon, nail salon, et al?
A final word about Hill Country Salon Suites.
Hill Country Salon Suites is locally owned and operated, a short golf cart ride away from Sun City, the large retirement community, in Georgetown, which is part of the reason for Georgetown’s incredible growth spurt. Call us today and let’s talk about current pricing and the long list of amenities we offer our clients.
