I'm VERY frugal, I always watch the bottom line, and I think at $500 per month "the rent is too damn high"! I mean, for the love of God....you are renting space, not purchasing a house! Keep in mind that there is never only one way. You just have to break it down in a problem solving method by asking yourself:
1) where are you now? answer: rent is too high. 2) where do you want to be? answer: lower rent. 3) how are you going to get there? answer: A) negotiate with the owner for cheaper rent. B) move to another salon where rent is cheaper. C) open your own salon. I knew a tech who rented a janitors closet, complete with deep utility sink, in a building because all the other rooms for rent were full. She negotiated with the building owner for $50 per month to rent this space that had no windows and was at the end of a hallway. Since it wasn't making the owner any money, he thought 'why not'? Yes, $50 per MONTH, not week! She painted the room in bright colors, hung fabric on the wall where the pipes & electrical box were and she built a booming business working 9am - 4pm Mondays thru Fridays & no weekends. How she thought out of the box and found this place when she first moved to town was truly amazing. I'm sure the state inspector was equally impressed with her ingenuity! I happened upon my place in a commercial building that for some reason had a 1 BR apartment in it. I turned that 1 BR apartment into my salon with the BR being my private pedi room and the LR which is open to the Kitchen is my nail room. I have my own bathroom with washer/dryer, plus tons of closet space and more storage in the kitchen cabinets. On top of it all, the building is a cute little cottage with it's own parking lot and it has a wheel chair ramp, too! Visit www.jillsnails.com for photos. It takes me less than 2 days to earn what I pay for an entire months rent. Look around. Explore other options. Look at places differently. Always remember there is never only one way:) Jill Wright Bowling Green, KY www.nailtechevent.com On Tuesday, September 25, 2012 9:38:38 PM UTC-5, ebbieday in VA 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 view this discussion on the web visit https://groups.google.com/d/msg/nailtech/-/iHYKPa-hTQMJ. 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.
