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Salon Rental Lease Agreement Form PDF Free Download
Booth Rental Lease Agreement
The salon booth rental agreement is a document between an owner of a business that provides the service of:
cutting/colouring hair, cosmetics, massage, or any other related type that may be leased.
The form may be structured to be month to month, week to week, or for a fixed term where the lessee may offer their services to the public through the lessor’s business that they are operating.
What Is the Booth Rental Agreement?
A convenient and quite profitable way to serve clients for independent contractors is to conclude a booth rental agreement with the owner of the premises.
Recently, this kind of “spot” lease or co-working has quite firmly entered commercial life.
It’s beneficial for newly opened companies and entrepreneurs who, for example, want to be closer to customers’ area but are not ready to rent an entire office.
Many hairdressing salons, beauty salons, massage parlours, dental clinics, etc. work according to the same scheme today.
Who benefits from this type of agreement? Both sides.
The lessor – because it gives the opportunity to lease unoccupied workspace.
At the same time, the lessee finds the pros in other things:
using the brand name of the salon and the equipment, sometimes even consumable items (it depends on agreed conditions).
The date of the agreement
Name and address of the owner (lessor)
Name and address of the renter (lessee)
Street and address of the premises
Approximate length and width of the space
Term of the agreement
Fixed rental amount
Use of premise
Equipment and personal property provided by the lessor
Real estate taxes
State of governing law
How To Use a Booth Salon Rental Agreement
There are two perspectives to consider when analyzing the usage of the Booth Rental Agreement: the lessor and the lessee.
From a lessor’s point of view, the agreement is to be used to define what rental payment, equipment, and timeframe are to be expected as part of the agreement.
It is incredibly important to be thorough when establishing the rules for the lessee from the onset.
If the form is completed haphazardly, the lessee will have legal grounds to ask for more time, space, and equipment moving forward.
From a lessee’s point of view, the agreement is critical for establishing a rental rate.
If the lessee fails to agree on rent with the lessor, the lessor stands to increase the rental rate as they see fit.
Like the lessor, the lessee should take care to establish every utility, equipment piece, and resource they may be using during their time there.
Tips to Fill Out the Booth Rental Agreement Sample
Follow the list below to fill in PDFfiller’s template easily online:
Enter the name of the owner and the name of the lessee.
Supply the address and the size of the leased workspace, the rent amount and the terms of an agreement.
Think about the use of the premises mindfully and enter all the conditions in detail.
Don’t worry if some text of the template doesn’t suit your demands, you can easily edit it with the Text Toul.
Before you forward this booth rental agreement to the renter to sign you can highlight the important information or add some comments to the content.
This will speed up the document signing process.
Once you fill out everything, supply your name and electronic signature as a lessor and forward the file to the renter to sign via the Internet.
Your eSignatures make this contract legally binding.
No need to schedule a personal meeting to arrange document issues.
You can prepare a sample and send it for confirmation by signing online. Save your time!
How to Rent a Booth
In most salons, the owner rents the booths in order to motivate the hair stylists to promote their services.
The rent is commonly in the form of a dollar figure ($) plus a percentage (%) of their gross sales.
Although this can be a lucrative venture for the owner, he or she must be careful about who they intend on hiring.
Step 1 – Find a Qualified Hair Stylist
When looking for the right hair stylist, it’s best to make a job listing on the following websites:
Indeed.com
SimplyHired.com
Glassdoor.com
It’s best to keep job history and past experience a top priority for any new hire.
Generally speaking, a new hair stylist will not have the confidence or clientele to be able to afford a salon booth.
Step 2 – The Interview Process
When sitting a potential tenant (hair stylist) it’s best to understand their list of current clients and why they are not currently cutting hair.
The best candidates the owner will be looking for are hair stylists with lots of clients that they can easily transfer to the new salon.
Collect Background Information
The owner of the salon should collect a resumé from the applicant and have them complete a standard job application.
This will allow the owner a chance to find out the background of the individual.
Ask Financial Questions
In order to make a deal with a hair stylist, the owner must ask if they would be interested in a salon booth rental arrangement.
In other salons, when the owner is promoting the business themselves, usually the hair stylists get 50% of their revenues.
Under a salon booth agreement, the hair stylist can earn more money by paying a monthly set amount and/or a small percentage (%) of gross revenue.
This gives the owner the security that their booths will be rented by qualified individuals.
Step 3 – Look Up Background Information
If the applicant did not complete the standard job application, he or she will need to give consent through the background check authorization form.
Once consent is given, the owner may begin conducting a background check through one (1) of the following:
AccurateNow ($24.95)
GoodHire ($29.99)
HireRight ($39.95)
All of these services will give a basic check of criminal history, sex offender search, and court records search (limited by county).
Add-ons are available which allow additional queries for their professional licenses, education verification, and DMV records.
Step 4 – Verify that Hair Stylist is Licensed
It’s best for the owner of the hair salon to make sure the individual they allow to cut hair is licensed within the State. All 50 States have databases for professionals that can be searched by the public.
Step 5 – Negotiate the Terms of an Agreement
After a hair stylist has been approved by the owner the time for negotiations begins.
The main item is the monthly rent.
If the hair stylist can prove they have a sufficient client list, there is a chance the owner may offer to decrease the rent in the hope other hair stylists at the salon will pick up more business.
Once the details of the rent are established, the rest of the agreement is much easier to go through.
Step 6 – Taking Occupancy
Once the first (1st) month’s rent is paid along with any security deposit, the owner should get access to the premises on the start date of the agreement.
The newly hired hair stylist will be able to perform their services out of the salon and continue until the agreement ends.
| Author | – |
| Language | English |
| No. of Pages | 5 |
| PDF Size | 1 MB |
| Category | Forms |
| Source/Credits | eforms.com |
Salon Rental Lease Agreement Form PDF Free Download