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Jill in Ky <[email protected]> wrote: >I'm VERY frugal, I always watch the bottom line, and I think at $500 per >month "the rent is too damn high"! I mean, for the love of God....you are >renting space, not purchasing a house! Keep in mind that there is never >only one way. You just have to break it down in a problem solving method by >asking yourself: > >1) where are you now? answer: rent is too high. >2) where do you want to be? answer: lower rent. >3) how are you going to get there? > >answer: >A) negotiate with the owner for cheaper rent. >B) move to another salon where rent is cheaper. >C) open your own salon. > >I knew a tech who rented a janitors closet, complete with deep utility >sink, in a building because all the other rooms for rent were full. She >negotiated with the building owner for $50 per month to rent this space >that had no windows and was at the end of a hallway. Since it wasn't making >the owner any money, he thought 'why not'? > >Yes, $50 per MONTH, not week! She painted the room in bright colors, hung >fabric on the wall where the pipes & electrical box were and she built a >booming business working 9am - 4pm Mondays thru Fridays & no weekends. How >she thought out of the box and found this place when she first moved to >town was truly amazing. I'm sure the state inspector was equally impressed >with her ingenuity! > >I happened upon my place in a commercial building that for some reason had >a 1 BR apartment in it. I turned that 1 BR apartment into my salon with the >BR being my private pedi room and the LR which is open to the Kitchen is my >nail room. I have my own bathroom with washer/dryer, plus tons of closet >space and more storage in the kitchen cabinets. On top of it all, the >building is a cute little cottage with it's own parking lot and it has a >wheel chair ramp, too! Visit www.jillsnails.com for photos. It takes me >less than 2 days to earn what I pay for an entire months rent. > >Look around. Explore other options. Look at places differently. Always >remember there is never only one way:) > >Jill Wright >Bowling Green, KY >www.nailtechevent.com > > > > >On Tuesday, September 25, 2012 9:38:38 PM UTC-5, ebbieday in VA wrote: >> >> I am doing research to back my case in my current salon. I booth rent for >> $500.00/month, which is somewhat high for my area. The owner has informed >> us (I am one of 2 booth renters...the other is a busy massage therapist) >> that our rent is going up by @25.00/month, and will increase by that amount >> every year. I think this is pretty steep. In 4 years I will be paying >> $600.00/month. and so on with no cap. I don't disagree on increasing rent >> yearly AS LONG as it is reasonable. This is where it gets even sticker. >> >> Initially I agreed to this rent figure because it included a plumbed pedi >> chair. The room is very small, and the chair has since been disposed of as >> it began leaking and couldn't be repaired (it was a used unit that they >> purchased before I started there. They told me they bought the pedi chair >> in order to attract a nail tech, which it did add to the allure.) They >> refused to replace it as a new unit was too expensive. I now have a sink >> in the room in the place of the chair. (yes, I have learned many lessons) >> I know that the massage therapist pays $25.00 less a month than I do, for >> more than double the space. >> >> My question is this: What is the normal standard expectation for basing >> rent and rent increases? >> >> My understanding is there are 2 ways of establishing rent. 1) by square >> footage, and 2) by income tier, with increase being based on a percentage >> of the base. (In our region, stylists commonly pay ~$150-$200/week, and >> nailtechs $100-$125/week to start). I am trying to learn so if I'm wrong, >> please let me know. I also know that an incoming stylist that is going to >> booth rent will also be paying the same rent as I am with the same increase >> yearly. The other 2 stylists are commission based. >> >> Does anyone have any input? Sorry so long. >> >> Thanks! >> >> Debbie in VA > >-- >You received this message because you are subscribed to the Google Groups >"NailTech" group. >To view this discussion on the web visit >https://groups.google.com/d/msg/nailtech/-/iHYKPa-hTQMJ. >To post to this group, send email to [email protected]. >To unsubscribe from this group, send email to >[email protected]. >For more options, visit this group at >http://groups.google.com/group/nailtech?hl=en. > -- You received this message because you are subscribed to the Google Groups "NailTech" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/nailtech?hl=en.
