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Old 06-03-2010, 01:50 PM   #1 (permalink)
 
Join Date: Jul 27 2005
Location: Warner Robins GA, 31088
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Question Renting a room?

So I recently had a massage therapist inquire about renting a room from me and working 2 to 3 days a week. We do have two rooms empty and obviously they are not producing any money, so I thought this might be a good idea. She can be an independent contractor and we can just collect a weekly or monthly rent. The problem is that I have no idea how much to charge. Any suggestions? Do any of you have a massage therapist? If so, is this the way you would do it?
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Old 06-03-2010, 09:51 PM   #2 (permalink)
 
Join Date: May 28 2010
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Re: Renting a room?

I say take advantage of the extra revenue! She might bring people in for you also! Couple of options: Either charge her a percentage of her profit or charge her monthly. Negotiate with the person. Take the number of rooms of your salon and divide them into your monthly rent for their share. I would just negotiate to what you feel is fair and will benefit you. Good Luck and hope it works out for the better-wish I could have a massage right now ;)
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Old 06-04-2010, 09:48 AM   #3 (permalink)
 
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Re: Renting a room?

Yes, better to have the room making some $ rather than nothing.

In my experience with therapists, they are a flighty breed. Many are pumped up in school that they will make mega dough. As many of US know, that takes more time than they are led to believe.

I've done it several ways.

My current:
Therapist MUST be certified and licensed- copies provided to the salon.
Salon provides space only for massage.
% to salon with a monthly ceiling.
Therapist may not use our Salon name or contact information in any promotional or printed medium.
Therapist carries own insurance with salon listed as additional insured- copies to the salon.
Therapist provides all supplies
Therapist tender all transactions
Therapist schedules all of their own services.
Therapist may only operate w/i our posted hours.
Salon or Therapist may dissolve relationship at any time.
Therapist may not keep items on salon premises.
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Old 06-05-2010, 06:36 AM   #4 (permalink)
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Re: Renting a room?

If and when they come and go, does it **** off your customers/potential customers? Meaning your left there looking like the bad guy holding the bag answering where this person went.

I'd think the volatility isn't worth the money.
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Old 06-05-2010, 06:50 AM   #5 (permalink)
 
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Re: Renting a room?

Never had any issues with clients left hanging. Massage has never been big here.

If the conversation is brought up in the lobby, I let them know she does not work for my salon.
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Old 06-18-2010, 09:56 AM   #6 (permalink)
 
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Re: Renting a room?

I have a large building with 2 seperate entrances so I rented 2 rooms on that side to professionals. They carry their own insurance and are not permitted to use our name in advertising unless approved. Their rent pays my entire building rent each Month:) Very nice knowing I can pay rent during JASON!
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