subject: What You Need To Know Before You Sign A Salon Booth Rental Agreement Or Rent A Chair Contract [print this page] When it comes to salon booth rental agreements and those stylist choosing to enter into the rent a chair or booth rental business model it can be overwhelming at times as to where to start.
As a prospective Rent a Chair stylist, it behoves you to take a proactive approach - learn to understand how the business world works and throwing yourself into the task of interpreting a lease is one of the best places to commence your new journey.
There's always a lot to research however as an independent operator, it also makes good business sense to have a well documented, legally binding contract with your landlord (salon owner). Such an agreement is called a sub-lease because there must first be a lease in place for this to eventuate.
Before a salon owner can offer you a sub-lease agreement, he/she must, as the lessee, seek written authority and approval from the owner of the building or the managing agent.
In some states and countries, most commercial retail leases are regulated by commercial tenancy agreements Acts. These stipulate that the owner of the salon (the lessee) must receive from the building's owner or their landlord (lessor) all relevant documentation, including a disclosure statement, tenants' guide, expenses budget and a form of the lease before they sign their leasing agreement. If you plan on being with a salon for a long period of time and feel you're really going to make a go of that location, then I suggest that you ask to sight the salon owner's disclosure statement and lease and sub-lease documentation.
The main lease document should include a clause on sub-leasing, to either allow the salon owner to sub-lease the space (to you) or prohibit it, in which case you need to see a separate document or agreement that clearly states the salon owner has authority to sub-lease to you.
Once you do get a copy of your potential landlord's sub-lease documents, or relevant pages from his/her main lease document, have your lawyer or business coach take a look at them for you. Next, arrange an appointment with a commercial tenancy specialist at your local Small Business Development Centre to discuss your situation. Then you can negotiate your sub-leasing agreement. Pro forma lease documents are provided in the www.salonboothrentaltoolkit.com guide - before using them, check with your lawyer to ensure they are appropriate for you and you landlord (salon owner).
by: Francis Featherby
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