Beauty Salon Feasibility Study in the Boise City, ID Metro Area

Boise salons: near the national ticket, near the national share

Beauty salons in the Boise City area look much like the nation: an almost even location quotient of 0.99x and a middle loan of $101,850, only 1.02x the national one. The 40 loans total $11.0 million over FY2017 to FY2026, salons take 9 of 39 on the Boise list, and the metro stands 47 of 546. With the ratios that close to even, what the cell shows is concentration and silence rather than a distinct profile.

Who and where

The central half runs from $25,000 to $365,325, a wide band that starts at a very small loan. Franchise units are 22.5% of loans. The split by program is withheld. Zions Bancorporation, National Association alone makes the list, at 5 loans worth $458,000. Ada County supplies 34 of the loans and Canyon County 6, so the volume sits in one county.

Only one year prints: 5 loans in FY2024, worth $2.6 million. Every other year in the window is held back, along with both outcome rates. A reader should not conclude that other years were empty; the cohorts are simply too small to show. A loan counts toward the Boise area when its project's county appears on the 2023 list.

Because so little of this cell can be shown, the page is most useful as a statement of what it does not know. Without annual counts, outcome rates or a program split, a lender cannot read a trend or a risk level from Boise salon lending, and a study cannot lean on local history. What the figures do establish is that the typical loan is near the national middle, that franchises are a minority at 22.5%, and that nearly all the volume sits in Ada County. A plan should use those facts and bring its own evidence for the rest.

What a Boise salon plan must show

A plan should settle whether the project begins a shop, buys one or expands one, and the evidence behind any price paid for an existing book of clients. It should state chairs or suites, how stylists are paid, the customer base within reach and the lease. Build-out and equipment should be set against a median near $101,850 and debt service shown with a conservative client ramp, treating the owner's labor honestly. Because the record is thin, local evidence should carry the argument. Whoever lends will read an appraisal next to the plan. The printed figures promise no outcome.