On top of the previous year, not the original lease amount from 6 years ago. And yes 25% of gross. Hope that helps ;).
Smiles, M J Zwirowski Dashing Diva Professional~National ESC Trainer Tipz n Toez, Ltd.~Owner/Nail Technician/Reflexologist 630-292-6504 On Sep 25, 2012, at 11:06 PM, Debbie Wade <ebbieday...@gmail.com> wrote: > Thanks MJ...so what I hear you saying is your rent is approximately 25% of > your monthly take. Gross income I assume? I also think it is a regional > thing. I know where you are located and I'm sure you pay much more than I do > in Richmond Suburbia. However, I probably average 25% of my monthly gross. > My issue is how much increase per year. A 3% increase on $500.00 would be > $15.00/month. Does that get figured on the new base each year? Or would it > be on the original booth rent? Trying to get a handle on this... > > Debbie in VA > > On Tue, Sep 25, 2012 at 11:13 PM, tipznt...@aol.com <tipznt...@aol.com> wrote: >> Debbie, I pay the same for my room as a hairstylist....it is a prime >> location and I have just a sink in my room which for me works out just fine >> because I do waterless pedicures. You would croak if you knew what I paid a >> month :/. I figure if my rent is on average is what I make in one week >> during the month that works for me. I get a 3% raise per year....I can go >> with it or move on. >> >> Smiles, >> M J Zwirowski >> >> Dashing Diva Professional~National ESC Trainer >> Tipz n Toez, Ltd.~Owner/Nail Technician/Reflexologist >> 630-292-6504 >> >> >> On Sep 25, 2012, at 9:38 PM, Debbie Wade <ebbieday...@gmail.com> wrote: >> >> > I am doing research to back my case in my current salon. I booth rent for >> > $500.00/month, which is somewhat high for my area. The owner has informed >> > us (I am one of 2 booth renters...the other is a busy massage therapist) >> > that our rent is going up by @25.00/month, and will increase by that >> > amount every year. I think this is pretty steep. In 4 years I will be >> > paying $600.00/month. and so on with no cap. I don't disagree on >> > increasing rent yearly AS LONG as it is reasonable. This is where it gets >> > even sticker. >> > Initially I agreed to this rent figure because it included a plumbed pedi >> > chair. The room is very small, and the chair has since been disposed of >> > as it began leaking and couldn't be repaired (it was a used unit that they >> > purchased before I started there. They told me they bought the pedi chair >> > in order to attract a nail tech, which it did add to the allure.) They >> > refused to replace it as a new unit was too expensive. I now have a sink >> > in the room in the place of the chair. (yes, I have learned many lessons) >> > I know that the massage therapist pays $25.00 less a month than I do, for >> > more than double the space. >> > >> > My question is this: What is the normal standard expectation for basing >> > rent and rent increases? >> > >> > My understanding is there are 2 ways of establishing rent. 1) by square >> > footage, and 2) by income tier, with increase being based on a percentage >> > of the base. (In our region, stylists commonly pay ~$150-$200/week, and >> > nailtechs $100-$125/week to start). I am trying to learn so if I'm wrong, >> > please let me know. I also know that an incoming stylist that is going to >> > booth rent will also be paying the same rent as I am with the same >> > increase yearly. The other 2 stylists are commission based. >> > >> > Does anyone have any input? Sorry so long. >> > >> > Thanks! >> > >> > Debbie in VA >> > >> > -- >> > You received this message because you are subscribed to the Google Groups >> > "NailTech" group. >> > To post to this group, send email to nailtech@googlegroups.com. >> > To unsubscribe from this group, send email to >> > nailtech+unsubscr...@googlegroups.com. >> > For more options, visit this group at >> > http://groups.google.com/group/nailtech?hl=en. >> > >> >> -- >> You received this message because you are subscribed to the Google Groups >> "NailTech" group. >> To post to this group, send email to nailtech@googlegroups.com. >> To unsubscribe from this group, send email to >> nailtech+unsubscr...@googlegroups.com. >> For more options, visit this group at >> http://groups.google.com/group/nailtech?hl=en. > > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to nailtech@googlegroups.com. > To unsubscribe from this group, send email to > nailtech+unsubscr...@googlegroups.com. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. -- You received this message because you are subscribed to the Google Groups "NailTech" group. To post to this group, send email to nailtech@googlegroups.com. To unsubscribe from this group, send email to nailtech+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/nailtech?hl=en.
