Warren B. Seiler III, MD
John Di Saia, MD
Beatriz H. Porras, MD
Shervin Naderi, MD, FACS
Edward Zimmerman MD
Paula Di Marco Young, BS RN
Seth A. Yellin, MD FACS
Dr. Kevin D. Light
Stephen Weber MD PhD
Brian K. Sidella
Sabine Zenker, MD
Daniel Kaufman MD
Brian Howard MD FACS
Mickey A. Couvertier
Lila Bratani MD
Alex Denes MD FACP
Medical Spa Business Forum > Medispa services in a salon setting
IMHO rent should be based on square footage being used, not on what the % of your business is.
The rent should be a fixed expense, and should be calculated as such in any business plan rather than a fluctuating # based on how much profit you’re bringing in.
Ie: if the salon is 2000 sq feet, and the rent is 5000, and you are using 500 square feet when you use the salon space, then you are using 25% of the space.
While you have indicated you are PT, I would look ahead to the possibility that you or someone you hire might be there FT.
So if we use the example above as our guide, then IMHO, I would pay 25% of the rent ($1250) , and 25% of the utilities, and 25% of other expenses such as garbage pickup, cleaning service, medical waste disposal etc.
I would also encourage you to have lease drawn up and approved by your attorney.
BetterOffNow
Are there any physicians who are providing medispa services at exisitng salons on a part time basis? This is how I am entering the business and my question is-does anyone have advice as to rent? is it based on a percentage of your sales? Do Stark Laws apply? Is it better to have a standard rent? It's been hard for me to arrive at a number given I just started and want to be fair....because the stylist/owner obvious gives me lots of referrals however, given the cost of insurance, etc., I'm a bit upside down with the costs at the moment. Any advise would be appreciated.