If you live in a large city or suburb, you may have noticed that the beauty and wellness professionals in your area work from different types of spaces. You may even have run into something that looks a little different from the traditional salon concept you're used to. Because salons as we know them disappear every year, replaced by a more weather-friendly concept: salon suits are on the rise.
Salon Apartments are individual salon spaces that can be rented and run by all types of beauty and health professionals. Instead of paying 50% or more of their winnings at the salon, they decided to do it themselves. Only need a week's rent in the salon space to work. Apart from their rent, they keep their profits. In addition, renting their own space gives them the freedom to set their schedule.
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Salon suites are a turn-key business opportunity for salon professionals, which is especially appealing in the current "gig economy''.
Salon professionals seek independence and enjoy narrowing their focus and building their businesses around their specific specialties. Customers in the beauty and wellness industry have begun to seek out specialists as well; they have their own arsenal of experts ranging from skincare, brows, hair care, derm treatments, and much more.
While the concept of salon suites is not new, their expansion over the last decade, particularly in the last five years, has been a natural shift in tandem with changes in the working economy.
Salon owners are also abandoning the traditional salon model, which is weighed down by high overhead, high drama, and unreliable income.
Salon suites generate recurring revenue that requires little management from their owners while providing salon professionals with the freedom and amenities they seek.