Our years of design, construction and operation of salon suites facilities have yielded a wealth of experience and knowledge, including best design and operational practices. Most critically, the identification of common pitfalls, many that are non-obvious, can make or break a salon suites business. Our primary objective is to provide the required guidance through them, to aid in the avoidance of costly mistakes, and to help our clients establish the most efficient and cost-effective facility possible for long-term success.
SCG can also help in the suites facility sales or acquisition process. Salon suites are generally successful entities and are in high demand as acquisition targets. As closely-held private enterprises, determination of true market value is difficult but critical to the transaction for both buyer and seller. Whether it is a successful turn-key facility, or a distressed renovation project, value exists for every deal, and SCG can help maximize that value.
Below is a short list of some of the parameters that must be taken into consideration for a successful project. While some might be obvious, many aren't. As with most things, the devil is in the details, and ignoring them may result in a disastrous outcome, but addressing them up front can make for a wildly successful enterprise.
Pro forma analysis
Net worth requirements
Timing, timing , timing...
The No. 1 thing you MUST avoid
The single most important location criterion
Concept-specific Building Specification
Access and parking (maybe not obvious but a major issue)
Utility requirements and availability
Structure - Maximize to your advantage
Letter of Intent/Building Specification
Commercial lease terms
How much leverage do you have?
Facility design - Make or break?
How large should suites be (minimum dimensions)?
Design & develop for maximum efficiency
Design trade-offs (How much is enough or too much?)
Amenities to offer
How much HVAC is really required?
Hot water is a very big deal. How much is enough?
Details, details, details...
Design for remote facility management
Contractor Pre-qualifying (Requirements)
Managing the Bid Process
Scheduling and timing: How long should this take?
How much should it cost?
How are tenants found and identified?
Getting the message out: what works, what doesn't?
How long can you expect it to take to fill your facility?
How can you fill your facility before opening your doors?
Best practices manual
Year round cash flow management
Remote facility management - you need this
Winning the thermostat wars - it can be done
Online presence and social media
Pricing, programs, and incentives
Dealing with the deadbeats
Industry turnover rates
Insurance needs (operator and tenants)
Regulatory issues - start up and ongoing
Collecting rent: 100% on time, 1% effort
Sub-lease structure and requirements
Winning website design and support
If you have your heart set on buying a franchise and taking on the huge additional costs they incur, there are at least 24(!) by our count operating today: Sola, Phenix, Salons by JC, Salon Lofts, A Suite Salon, My Salon Suite, Studio Salons, Salon Spa Suites, Salon Plaza, Cirque Salon Studios, Image Studios 360, Salon Boutique, Universal Salons, Blue Lion Salon Studios, Mimosa Salon Suites, Encore Salon Suites, Cosmopolitan Suites, Salon Concepts, Beauty Bungalows, Salon Studios, Spectra Salon Suites, Utopia Modern and Optima Salon Suites. Shop around, but why bother? You can accomplish the exact same objective at a fraction of the price. See how by clicking here.