Hair Stylists Booth Rentals
It's not uncommon to get your license as a hairstylist and end up renting a booth in someone else's salon. A booth rental provides the opportunity for some independence while you keep more of the money you're earning.
Average Booth Rent for a Hair Stylist
Often, owners of hair salons go into business knowing they need a space for themselves. To make the overhead more affordable, they rent additional spaces to other hair stylists for a weekly or monthly fee. Usually, these booths have a styling chair, a counter, an area for supplies and a mirror. The hair stylist also gains access to the front desk for checking clients in and out.
Most hair stylists will spend between $150 and $200 per week for their booth. The more expensive booth rentals are often found within upscale salons in very busy areas. Lower-end salons and locations with less foot traffic often charge less. Some hair salons may charge as much as $1,000 per week for a booth rental if they are in a very sought-after area, such as Manhattan or New York.
You may be able to get a lower weekly rate if you commit to using the space for a longer amount of time, as well. Usually, committing to a year will allow for a lower amount compared to committing to just three or six months.
Additional Costs Not Covered by the Booth Rental Prices
While not all salons will charge additional costs, so may. Often, it's an all-inclusive type of thing where the hair stylist pays one fee for the week. However, some salons will charge extra fees, so be sure to read through your booth rental agreement.
Some salons will charge a fee for electricity, water and other utilities. Others may charge if you plan to use the salon on Sundays or days the salon isn't normally in business. You may also have to pay a referral fee for walk-in customers.
A few other expenses you may have to pay for include:
Should You Rent a Hair Salon Booth?
Some hair stylists prefer to work as an employee, however, others want the independence that comes with renting their own space.
Those seeking independence and the ability to keep more of the money they earn will enjoy rending a hair salon booth. If that sounds like you, this should be your route.
How to Get Started with Your Own Salon
Owning and operating your own salon allows you to rent out extra chairs and gain control over your financial situation. However, many never go into business for themselves due to the high start-up costs and the business management skills necessary.
At TOTAL SALON, we offer the ability to go into business as a salon owner with complete training and support. Our timeless studio designs offer a wonderful atmosphere for your success. In addition our weekly rates include everything you need making it possible to own your business without the high start-up costs.