Renting out table within a salon

[suziespence]

Hi all,

I looking for some direction.

I am opening up a beauty salon in 2 weeks time and I am renting out space a girl who going to do threading and is going to pay a fixed rate, but I have another girl who is going to come in to do nails and would prefer to do it on a percentage basis but neither of want to say a number in-case it offends the other....
I know the percentage differs in different areas but can anyone give me a general idea of what the "going rate" would be?

Thanks in advance
Suzie

 

[Melanie89]

were is ur salon going to be? im in a hairdresser in Murrayfield and pay 20% off my takings and i provide all my own things. hth xx

 

[allyballybee]

In my opinion a fixed rate is better. If there not doing so well, you could suffer. Nail bar in my salon pays me £150 per week. No fussing about calculating takings every week, just a direct debit straight into my business account.

Might sound a lot to some people, but for her it's £30 a day and she gets-

• A receptionist to answer phone, serve her clients
• Towels laundered
• Tea/Coffee etc for her clients
• She's no need for stationery - all her prices/detail etc are on our pricelist, website etc.
• Client Referrals
• Nail Table provided

She makes more money than the therapists (that are on a good rate) for less hours and offering only manicures, overlays and enhancements.

She pays rent even when she's on holiday or off sick. After all, nobody pays my mortage when I'm off.

hth

xx

 

[suziespence]

Hi,

The Salon is going to be in Kirkliston - It's a fabby oppertunity as there isn't another one there.
The rent is not one to turn my nose up at either.
Suzie

 

[persianista]

fixed rent is always best. HMRC can get difficult on % splits. Plus what about if she decides to only work a few days a week? Some people see self employment as "as much time off as I like". Not everyone is highly motivated to earn. My chair renter has had every afternoon off so far this week. She used to pack people in, now she is first out every day. Am glad I took a fixed rent, although I wasn't at first!

 

[Nco London Gina]

I don't get why self employed staff want to go home when they are quiet.

You would think they would stay at the salon to try and earn a living from potential passing trade.

What else do they do? go home and watch daytime tv?? when they all have bills to pay like everyone else.

I would be very interested to hear what other self employed techs & therapists do.

It's like being a shopkeeper - say he has no customers all morning, does he shut shop and go home? how long would his business last??
Surely it's the same thing??

Gina x

 

[persianista]

exactly Gina. I have watched many self employed renters over the years let their business dwindle due to only being present for clients and nothing else.

 

[Jessicles]

I am a renter in a salon and would say that fixed rent is definitely a better choice for you, the owner. You have income whether am employee is busy or not. I also have to pay if I am on vacation. For the renter, sometimes if you're new and not booked, it's hard to start off renting because some weeks you may not have the income to pay rent and also live off of. If she has a problem with a fixed rate, maybe give her a trial period of fixed rent until her book is more stable. Say 30 days? 60? 90? Whatever you're comfortable with. Then after that period, it's a predetermined fixed rate. Base your rate on how much you NEED and then add to it for the things that will be provided to her, like receptionist, coffee, laundry, etc. If nothing at all is provided for her, then I'd keep it on the low side.

Also, I agree about going home when not busy. If I ever became anything but fully booked and needed the money, I would certainly be at the salon to catch any walk-ins. It's what I did to get to where I am now. People are nuts to just go home and twiddle their thumbs. They will eventually fail. I work with all hairdressers, I'm the only nail tech, and they are super slow right now. And they go home when not busy. And they just keep getting slower and slower and keep complaining more and more. Your business is what you make of it! When it's not coming to you, you have to be proactive and get it yourself!