One thing to add another perspective, are you hair or beauty?
Am currently renting a beauty room in a new hairdressers and I really feel they are two different ball games nowadays.
A lot of the positive opinions here are from the hair point of view.
I feel clients no longer value beauty treatments as much as hair and I am struggling to take a wage while the hairdressers are doing really well.
They only need one cut a day and their rent is paid and they can start profiting. They can charge much higher prices for services than beauty and fit more clients in an average day than me. And beauty always seems to be the first thing that people cancel for whatever reason but they are less likely to go without regular hair cut or colour.
I think things are much tougher now and it is very hard to earn a living wage if you have rent to pay. Market saturation means cheaper prices, more competition, people doing nails etc as a sideline for low prices etc.
If I was training now, I can honestly say I would pick hair, not beauty.
So if your are in hair, I would say go for it.
If it's beauty, think carefully and save as much as you can, while you can!