Hi, I've been offered a beauty room to rent in Spirit Health Club which is in a Holiday inn. It's £500 per month, do you think this sounds a reasonable price? I currently work from home part time do beauty treatments, I'm not sure what to do, advice needed please??
Thanks x
I don't know the specifics of holiday inn or that club but the following may assist you.
How many other therapists work at the same location?
If there are no other therapists, do they plan on letting other rooms to other therapists?
i.e. what kind of exclusivity do you have?
How many active members do they have?
Depending upon your exact offer, what percentage of their active clients are females?
What is the average price of your treatment?
Do you have to stay at the location to get the bookings? i.e. will reception take bookings for you so you don't have to be there all day.
How will they support you in terms of marketing?
Will they allow you to email offers to their existing clients?
How often?
What kind of signage will they allow you to put up?
How close is the nearest competitor?
What is the mimimum length of contract to rent the room?
How are you protected if you are successful?
i.e. sign a contract and get a break at X months so you can walk away without being obligated whilst keeping the right to stay if all is going well.
Is the £500 all in?
Do clients pay you or pay reception?
What the situation regards a card machine? Will reception allow you to use theirs and then you invoice them?
best of luck