Salon suites for rent are a great way to gain some independence as a stylist, but it is not without its challenges. Before you sign that lease, make sure you take the time to consider these five factors.
The first thing you need to think about is the location of the salon suite. Is it in a good neighborhood? Is it close to public transportation? Is there plenty of parking available? Is it near your current clientele? These are all important factors to consider when looking at different private salon suites for rent and choosing a location for your business.
Of course, you need to be able to afford the rent for your private salon suite, but make sure you understand all the costs associated with renting the space before you sign any leases, including:
- Janitorial services
- Salon marketing
- Credit card fees
You may even be charged for your share of the front desk staff expenses, appointment booking software, internet services, and even client amenities, like coffee.
The Lease Terms
Before you sign a lease, make sure you understand all the terms and conditions. How long is the lease? What day is the rent due? What are the penalties for breaking the lease early? Are there any restrictions on how you can use the space? Are there any restrictions on the hours that you work? These are all important questions that you need to have answers to before you sign on the dotted line.
The Salon Policies
With salon suites for rent, you are essentially subleasing space from an existing salon or spa. As such, you will be subject to their policies and procedures. Therefore, make sure you are familiar with all of the salon's policies before you commit to renting a suite there.
Another important factor to consider before renting a salon suite is the clientele. Will your clientele like the salon or spa where your suite will be located? Does the new salon have clientele that will use your services? If most of the clients are not in your target demographic, it may be difficult to attract new clients, grow your fledgling business, and justify the added expense of a salon suite for rent.
A salon suite for rent can be a great way to grow as a stylist and a business person. Before you sign that lease, take the time to read and understand everything.