BOOTH RENT
A fixed fee for the use of a chair.
WHAT IT MEANS
Booth rent is paid whether or not the chair is busy, usually weekly or monthly, sometimes with product, towels or software on top.
THE FORMULA
Rent share = rent ÷ revenue produced by the chair
WHY IT MATTERS
It is cheap in a full week and painful in a slow one. The share of revenue matters far more than the headline price.
MEASURE IT
Booth Rent Calculator runs this calculation on your own numbers in under a minute.
RELATED DEFINITIONS
- Break-Even PointThe revenue that covers your fixed costs and nothing more.
- Revenue Per ChairWhat one chair produces over a week, month or year.
- Service RevenueMoney earned from services, before product and tips.
Part of Booth Rental.