A new Niagara Falls company is hoping to go a slash above in the salon industry.
Palazzo Magnificence Suites on McLeod Road is the hottest in a escalating pattern of splendor and individual care professionals setting up store in a substantial business room.
Hairstylists, barbers, lash technicians, estheticians and registered massage therapists fork out a regular cost for a non-public suite, in its place of conventional place of work or chair rentals.
The strategy is straightforward.
Similar to leasing an condominium, tenants rent the unit, and the firm supplies the infrastructure, the equipment and deal with overhead costs.
“The elegance suite concept really will come from an idea that has been in the U.S. market for 10, 15 yrs, and it is just starting up to appear into the Canadian industry,” stated Kaitlyn Catt, who owns the business with her husband Dennis.
“The biggest edge is that we have it thoroughly established up for them.”
In the hair suites, for illustration, there is a mirror, chair, shampoo sink and cabinets for the tenant’s items.
Palazzo Attractiveness Suites released in March and can accommodate 22 unique suites, with 10 units at this time spoken for.
Tenants are free of charge to customise the models to suit their person desires.
They can also make their personal hrs. If they want to function evenings, they have that selection.
The Catts, who are living outside of London, Ont., also possess Palazzo Salon & Spa in Welland.
“There is however a place for common salons, in which you get the job done and make up your clientele,” Catt claimed.
“But, when you have a clientele that will go with you, you can be considerably a lot more rewarding executing it on your personal.”
Palazzo Elegance Suites is one of 18 firms that have opened in the city given that January.
The businesses address a vast vary of companies and include things like Meltwich Food items Co., Moxie Complete Overall health and Stok’d Cannabis.
Mayor Jim Diodati explained smaller small business is the spine of the local financial state.
“In the very best of instances it’s not uncomplicated to be prosperous as an entrepreneur and COVID has produced it additional tough than at any time,” he mentioned.
“However, the actuality that men and women are bringing their artistic tips to lifetime, placing their coronary heart and soul into their passions, and getting prospects to flip their dream firms into a fact is what helps make tiny company these kinds of an inspiration in our communities.”
According to the city’s business enterprise growth office environment, about 40 new organization licences have been issued so significantly this year.