Comparing Costs: Renting a Booth at a Traditional Salon vs. Renting a Salon Suite

April 2, 2024
Read TIme:
2 mins
Written By:
Rachel Ekstrom

Are you a beauty professional considering your options for salon suite rental? Whether you're a hairstylist, nail technician, esthetician, or another beauty expert, finding the right space to work in is crucial for your success. One major decision you'll face is whether to rent a booth at a traditional commission based salon or to opt for a salon suite. Both options have their pros and cons, but understanding the costs associated with each can help you make an informed decision.

Traditional salons have long been the go-to option for beauty professionals. Renting a booth at a traditional commission based salon typically involves paying a percentage of your earnings to the salon owner. While this arrangement offers the convenience of shared amenities and a built-in clientele, it also comes with limitations on earning potential, customization, and flexibility.

On the other hand, salon suites, also known as studio suites or salon Lofts, have been gaining popularity in recent years. These are individual, fully-equipped salon spaces that beauty professionals can rent for a flat fee. Unlike traditional salons, salon suites offer greater autonomy and control over your workspace, allowing you to customize it according to your brand and style.

But what about the costs? Let's dive into it.

Traditional Commission Based Salon Booth Rental Costs

Renting a booth at a traditional commission based salon involves paying a percentage of your earnings to the salon owner. While prices vary depending on factors such as location, reputation, and amenities offered, it's not uncommon for beauty professionals to pay anywhere from 40% to 60% in commission for booth rental. For example, a beauty professional completing $1,000 per week in services at 50% commission and selling $200 worth of product at 10% commission will be left with $520 earnings for the week. The more a beauty pro scales their client and product volume, they more they pay to the salon.

In addition to the percentage you pay to the salon, you may also be required to pay additional fees for amenities such as utilities, cleaning services, and product usage. These costs can quickly add up, eating into your profits and limiting your earning potential.

Example of a cost comparison for a Loft in Rochester Hills using the beautiLofts Profit Calculator

Salon Suite Rental Costs

Salon suites offer a more transparent and often more cost-effective alternative to traditional salon booth rental. With a salon suite, you typically pay a fixed weekly rent for your individual space, which includes amenities such as utilities, Wi-Fi, and maintenance. This means no surprise expenses or hidden fees, allowing you to better budget for your business. At beautiLofts, all amenities (including laundry!) are included in your weekly flat rate.

To illustrate the potential cost savings of renting a salon Loft at beautiLofts, take a look at our handy profit calculator here. This tool allows beauty professionals to estimate how much more money they could be making by owning a salon Loft.

By inputting factors such as your current service income and product sales, the profit calculator provides a personalized comparison between renting a booth at a traditional commission based salon and owning a salon suite at beautiLofts. You'll know how much income you could be making per week and how much income you could be making per year so that you can easily plan your finances and budget. The results can be eye-opening, revealing the significant financial advantages of choosing a salon suite over a traditional salon.

We Have Your Back

When it comes to renting a space as a beauty professional, the costs involved can significantly impact your bottom line. While traditional commission based salon booth rental offers convenience and shared amenities, it often comes with higher monthly expenses and limited autonomy.

On the other hand, salon suites provide a more cost-effective and flexible alternative, allowing you to customize your space, control your expenses, and maximize your earning potential. With tools like beautiLofts' profit calculator, you can make an informed decision about your workspace rental, ensuring that you're setting yourself up for success in the competitive beauty industry.

We want to help you achieve greatness in your career so that you can reach the level of success you've always dreamed of. If you're ready to start making more money, contact us to take the first step in reserving your salon Loft here.

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