How long should a new treatment room take to pay for itself Pricing
Added a second treatment room last year — build out and kit came to about 9k, plus around 300 a month in extra rent and utilities. Six months later it is used maybe eight hours a week out of a possible forty. The main room is fully booked and I turn people away for the times they actually want, which are evenings and Saturdays. Is six months just too early, or have I built something in the wrong place?
@resole_ruth · last yr. · 3 replies
Six months is not too early to know, but the number you have is telling you something more specific than "it is not working". You are turning people away at exactly the hours the second room is empty, which means the constraint is not the room, it is having a second pair of hands at evenings and weekends.
A room only pays for itself when someone is in it. 8 hours a week against 300 a month plus the build cost is a slow road; 20 hours a week changes the arithmetic completely. I would put the effort into staffing or renting the room to a self-employed practitioner for the evening and Saturday slots rather than into marketing the room itself.
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@quiet_promotion · last yr.
Do write a proper agreement about hours, keys, insurance and who owns the client relationship before anyone moves in. Two people I know did this on a handshake and both regretted it.
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@lowell_frame · last yr.
Renting it out for evenings had not occurred to me at all. That covers the 300 immediately even at a modest rate.
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