Average rent prices for renting a room/booth?
Fellow esthys -
I'm meeting with a salon owner today to check out a spa room for rent. She's quoting me pretty high at $250 a week so I'm curious as to what others are paying in the industry (without knowing the exact specifics of locations, demographics, etc).
I just need a ballpark idea. I will be renting in a city. Any insight is greatly appreciated!
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Replies to This Discussion
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Permalink Reply by Cindy Greenwood on
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I am sure it depends on the area. If you don't currently have clientele, and the salon doesn't have any spa clients, then you are taking on a large financial obligation with no guarantee that you can bring in enough business to cover that. If the room is large, has a sink and nice facilities. AND that fee includes other things - such as reception, it might be a reasonable amount to pay.
I think I would open up the discussion with the landlord a little bit more....
Have they rented out that room before to an esthetician or massage therapist?....and why did they leave?...how long has it been empty? etc A continuous turnover shows that they are asking too much, that others can't afford it, and the location might not be that great for your, or any, spa business. If I was a salon owner I would LOVE an extra $250/wk! It would probably pay a HUGE chunk of her lease payment.
FWIW - the most I have paid for a rental was $500/mo in a more rural area. My last was a room in a salon at $350/mo
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Permalink Reply by Rebecca Ostoski on
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Cindy - Thank you SO much for the in-depth reply. This definitely sheds some light on my negotiations. I just have to keep remembering to tell myself to remove the emotion from the equation which can be hard to do! Needless to say, I'm moving forward in having my own business finally.
On another note, do you have any product recommendations for skincare lines that don't require a minimum purchase amount for orders?
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Rebecca - I use Skin Script. It is a small product line but has worked very well for my area. I think it's a fabulous start-up/beginner line.
But any line - if you LOVE it will be great for you...there are several quality product lines that don't have mins.
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Permalink Reply by Kristina A on
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Rebecca, I'm in Atlanta area and also recently started my own place, but currently still working in another place part time, im not so busy yet to be completely on my own.
When i was looking around , prices were different.Somebody offered me share the room 400/month for part time(mostly morning),- that place is awesome, but share the room for this money is too much for me. Other place was asking 550 a month. Another lady said she charges 750$.
I found one for 300$ and moved in, not a big room, kind of small, no sink, and the lady im renting from let me use some her stuff, she is also an esthy. I think it is good for me now till i grow my clientele.
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Permalink Reply by Susan Bailey on
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I wouldn't pay $1000 a month unless there were a lot of perks - lots of walk in clients, referrals, retail opportunities, laundry on site or towel service. I was paying $1000 a month a year ago and nearly went broke. I now pay $600 per month for a room, though I'm partnering with a doctor and another esty to open an anti-aging clinic here in Seattle. I'm so tired of being on my own.
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Thanks all. This is extremely helpful. I'm definitely going to make a lower bid than I originally thought.
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Permalink Reply by Krista C. on
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Sorry I'm coming in late, but the room I rent in the salon I'm in is $105 a week. It's a pretty busy salon, so I think it's worth it. :)
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Thanks.. Good to know!
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Permalink Reply by Tiffany Burnside on
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Hi!! I currently rent a suite in Glendale, Arizona. In my facility, I am the lowest paying leasee at $200/wk because I happen to have the smallest room in the building. Everyone else is paying about $250 - $300/wk. I would say that $250 a week is completely normal for where I am located. If they are providing you with equipment, supplies, and product, or any one of these things, then I say it is a decent deal! ;) Hope this helps...
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Thank, Tiffany. This info definitely helps. I'm signing the lease this week - yikes! Wish me luck!!!
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Permalink Reply by Leiloni Cooper on
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I'm late lol
But I'm located in Maryland and I pay $200 per week for a private small room with a sink. Now the perks is that the salon has a lot of clientele. Yaaaay! And the stylist refer all their clients to me for esthetic services, but mainly waxing, eyelash extensions and makeup. I do I have a receptionist and online booking system that the owner provides with my booth rental. Washer and dyer is located in the break area but an additional $30 or 40 per month. Its nice but I take my laundry home with me. Another perk is that I have a key to the salon and my own alarm code. I can come and go as I please. Amazing! Work as early or late, whatever my heart desires. No really other competition then a nail salon next door. And one of the workers tells the women not to come to me for lashes and waxing because I'm too expensive to let her do it for cheaper! Ha and they end up coming to me for repairs or corrections anyways. So I win lol hahaha
The down fall is that the room isn't sound proof. You can hear everything that is going on in the salon. So that only allows me to do relaxing services such as facials on Wed and Sun when their is less people working and less noise. So think about the noise and if the room is sound proof. That's what bugs me! I would love to do Skincare daily
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