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
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