Of course, for a project that involves considerable investment and approvals, it is more profitable and desirable to buy premises for a beauty salon than to rent it. However, current prices for real estate make this option unavailable to many entrepreneurs.
Cost of sales
Source: shutterstock.com
For those starting a business, it ig database is better to focus on investments that will be sufficient without any loans. And the right way out for you will be renting. For your first business project, while you are just gaining experience, choose objects already equipped for a salon on the secondary market or premises in shopping and entertainment centers.
Entrepreneurs who purchase a beauty salon franchise from Russian or foreign companies also use rent. Their success is due to both the brand itself and the established support system from the franchisor, which minimizes any losses.
An excellent option is to rent a beauty salon with the option to buy it. This point must be included in the contract, not just in words. You will have just enough time to see how well your business is progressing. And, having paid a lot of money for the property, you will be calm that it was not done in vain.
Before renting a space, carefully check the following details:
Rental cost. This line includes the cost of equipping with special equipment, insurance and tax payments, membership fees and current expenses. Both parties should clearly understand who pays for what.
Services: Check what exactly will be included in the rental invoice (repairs, waste removal and disposal, security) and how services not included in this list will be paid for.
Study the requirements and restrictions for the use of the premises. Take into account all the details, otherwise they can become a headache in the future.
Previous tenants. What were these people like? What did they do wrong, what did they do wrong? What will help you avoid this?
Property history. How long has the landlord owned the property, if indeed it is owned? Be sure to read the title deeds. Are they clear? This is especially important for properties privatized from the state. Analyze the likelihood of reselling the property while you are using it. Will this cause you any trouble?
Before signing a lease agreement, you must:
Be extremely careful when choosing a company from which you will rent premises . Make sure it is reliable. Avoid unreliable intermediary companies . Do not hesitate to consult a lawyer regarding any details of the agreement. Sign the contract only when there is no doubt left.
The contract must stipulate your preferential right to extend the term of the lease, as well as a revision of the rent in your interests . Otherwise, the landlord can raise the rent at any time. And if you do not meet him halfway, he will easily deprive you of the rented place (the owner will get the business in which you had to invest so much).
When purchasing premises for a beauty salon, the following are important:
price;
the value of the property in the case of purchasing premises on the secondary market;
all possibilities for generating income (renting, etc.);
approximate resale value;
availability of a sales permit;
need for repairs;
amount of taxation;
price of documentary registration.
Case: VT-meta