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Salon Estimated Revenue Packet

Salon Estimated Revenue Packet. Name:_________________________ Cos Teacher:_______________________ Your Salon Name:____________________ Date:________________. Salon Floor Plan Analysis: (all plans are subject to change). What is the square footage of your salon?

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Salon Estimated Revenue Packet

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  1. Salon Estimated Revenue Packet • Name:_________________________ • Cos Teacher:_______________________ • Your Salon Name:____________________ • Date:________________

  2. Salon Floor Plan Analysis:(all plans are subject to change) What is the square footage of your salon? (How many “square feet” are contained within your floor plan?) Draw a heavy black line border around the perimeter of your salon. L x W = ______ x _______ = ___________ ft² (square feet)

  3. How much is your monthly rent? • Example #1 • Your Landlord charges you $12/ ft² per month • Rent = ______ x _______ = $ ______/month • How much is your yearly rent? • _______ x ______ = $_______/year

  4. How much is your monthly rent? • Example #2 • Your Landlord charges you $15/ ft² per month • Rent = ______ x _______ = $ ______/month • How much is your yearly rent? • _______ x ______ = $_______/year

  5. How much money can you earn in your dream salon? (estimated revenue) • Calculate potential monthly income for each area in your salon, assuming you have 100% (full) operation • Identify all areas of potential income (revenue) • Set your customer prices • Set your salon hours • Make detailed notes in pencil • Start simple, edit when necessary • Make use of good estimating techniques • Ask questions for clarification…..

  6. Set operating hours for your salon • What days of the week are you open and what are your hours of operation? • (draw up a schedule that shows your “hours open” for each day of the week) • Total weekly hours open _____________

  7. Styling station revenue (one station) • What do you charge for men’s cuts, women’s cuts? • How many cuts/hour can you expect to complete? • M • W Total monthly income:_______

  8. Manicure table revenue (one table) • Prices and services offered: • What revenue can you expect to bring in? • Total monthly income:__________

  9. Pedicure Tables (one table) • List services and prices • How much revenue can you expect to bring in? • Total Monthly Income:____________________

  10. Massage areas (one table) • List services and prices • Total Monthly Income:____________________

  11. Tanning Beds (one bed) • Set prices and time schedules • Set your prices in per hour schedules • Total monthly income:_____________________

  12. Other revenue areas • List services and prices of other revenue generating areas: • Total monthly income:____________________

  13. Notes: • Use this space for ideas, comments

  14. Monthly Revenue Summary • Styling Station ______ x ______ = ______ • Manicure table ______ x ______ = ______ • Pedicure Table ______ x ______ =_______ • Message area ______ x ______ = ______ • Tanning Bed ______ x ______ = ______ • Other revenue + ______ • Total monthly revenue: ________ • (hint: # of styling stations x estimated monthly revenue for 1 station = stations revenue)

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