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Nov 16, 2015 7:50 EST

Allure Salon Suites, LLC: offers private luxury suites for rent to salon professionals

iCrowdNewswire - Nov 16, 2015

Allure Salon Suites, LLC

Allure Salon Suites, LLC Logo

 

Allure Salon Suites offers private luxury suites for rent to salon professionals. These suites are fully furnished and equipped within a salon setting. In addition to the suite, we also provide marketing support, business consultation and training.

There are two options for a hair stylists, nail technicians or massage therapists to begin their career. One is to work as a “commissioned” employee. The other is to rent space (known as booth rent) within a salon.

An employee salon is responsible for all of the marketing, scheduling, pricing, payroll, product line and for running the day-to-day operations of the business. The employee is typically paid 40% of the services they perform and a 10% commission on the products they sell. If the employee has a slow week, they are usually guaranteed minimum wage.

A booth rental salon simply provides space for the salon professional. The salon itself is basically a landlord. The booth renter chooses their own schedule, pricing and types of products to sell. The booth renter pays a fixed weekly amount and keeps all profit for themselves.

Both of these business models have existed for decades with employee salons consisting of about 85% of the market and booth rental salons making up the remaining 15%. That trend is shifting fast. In 2010, booth rental salons in Ohio grew to 30% and is projected to reach 50% by the end of 2015. Booth rental salons make sense for two main reasons. From a hair stylist’s perspective, they will make substantially more money by going to booth rent. An established stylist will generate around $1,500 or more per week in the sale of services and another $200 per week profit from product sales. The weekly rent for the average booth rental space is $250 a week. By booth renting, a stylist can have a weekly net profit $1,450 after paying their rent. By only receiving 40% commission from services and only 10% commission from products, the same stylist only grosses $620 at employee salons. From a salon owners perspective, booth rental salons offer minimal risk, no employees, no marketing expenses and substantial income. We have two locations and are expanding one of them, adding 8 large private suites that will rent for $300 per week.

Contact Information:

Kelly Tackett

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