Salon Estimated Revenue Packet Name:_____________ Cos Teacher:_ Your Salon Name: Date:______.

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Presentation transcript:

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? (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)

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

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

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…..

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 _____________

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:_______

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

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

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

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

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

Notes: Use this space for ideas, comments

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)