At Small Nation, we think beauty salons are a crucial component of the downtown success formula.
Beauty salons might look like the place for your monthly cut and color on the outside, but they’re really so much more. For downtowns areas in small towns, community beauty salons are one of the key drivers of animation and foot traffic in retail areas.
Like restaurants, beauty salons bring a consistent stream of customers to the area for appointment from morning through the evening
hours. In a mood for relaxation and self care, a large number of salon customers will visit at least one other retail store in the area before or after their appointment and many will have a meal with a friend before returning home. One service supports numerous other businesses, and that’s good for everyone involved.
COMBINING SERVICE WITH RETAIL
Small Nation tenant The Poppy Seed (110 West Columbus Avenue) saw this trend and decide to create a business that offers the best of both worlds. Small Nation partnered with business owner Breanne Comer in the development of the interior so she could realize her dream of combining personalized salon services with an upscale boutique. The Small Nation team worked with Breanne though a design build process to transform an empty jewelry store building into her salon boutique. We helped her create the structure and perform the $160,000 renovation as she planned her services and product lines. The update of the 110 West Columbus Avenue building took 6
months to complete from concept to completion.
Today, the street frontage of The Poppy Seed opens to a uniquely curated mix of women’s handmade jewelry, leather handbags and
wallets, shoes, hats, apparel, greeting cards and even small gifts. The back part of the space features a small, elegantly styled salon. The Poppy Seed’s unique blend of beauty and retail has made it one of the most popular stops for Bellefontaine shoppers.
ANCHORING A MICRO DISTRICT
When there are multiple salons in a district, the impact they have on the area is amplified.
The Lock Shop Salon and Spa (130 S Main Street) has a different model, offering expanded services for hair, nails and skin. Offering the most unique range of services in the downtown area, The Lock Shop team offers expert cuts, a full range of color services, spa manicure and pedicures as well as waxing.
The Lock Shop isn’t only important to downtown, they also serve as one of the anchors in Main Street Marketplace, Small Nation’s “mini Main Street” project that serves as a launching place for many of Bellefontaine’s downtown businesses. The Lock Shop’s consistent stream of appointments helps to bring a steady stream of visitors though the Marketplace so new business concepts can be seen and recognized.
A PROFITABLE MODEL
For developers and building owners in small towns, a beauty salon may not be the first business that comes to mind when strategizing about tenant mix, but it is definitely one worth considering.
Although the business requires a fairly significant capital investment in equipment and infrastructure such as manicure chairs plumbing and hair sinks, it is offset by the potential for multi-unit rental income within a single structure.
A large number of stylists typically work independently, renting their chair space each month from the salon owner with all overhead resources shared. Other models are commission based, and still others might allow multiple independent stylists to rent chair space directly from the building owner.
A salon space with multiple chairs and a carefully designed interior space that supports the self care brand, if placed strategically in a downtown downtown location can not only be profitable for stylists and owners, but the community as a whole.
