How much are you renting your studio/storefront for?

[cosworth]

I'm trying to get a better idea of the break even point for storefront and studio space.

What are you getting for that? Power, water etc.

Seriously considering getting back into shooting full time. Crazy time to start a business but I see opportunity.

[Canonymous]

I have never needed to spend money on renting a space, although as my business grows I do have the desire. But for now my local park is my studio and my storefront is my website, so $0 ;)

[cosworth]

I didn't feel the need to have a disclaimer at the header asking for replies from people who actually HAD a studio/storefront as opposed to someone who is artificially inflating their post count or furthering narcissism. Too negative?

I'd like to hear from people who have a studio/storefront please.

[Canonymous]

I didn't feel the need to have a disclaimer at the header asking for replies from people who actually HAD a studio/storefront
With all due respect, I think you will find alot of photographers work out in the field and legitimately call this their studio. The same can be said for an online portfolio being a storefront.

as opposed to someone who is artificially inflating their post count or furthering narcissism.
Well I don't think I'll go there.

Too negative?
Yes;)

[JasonRussell]

I do not have a studio either because I do not have a need for one at the moment however I just got back from helping a fellow photog move his old studio. He is in TN. His new one is costing him $500 a month. He also has business TV, phone, and internet for only $69 a month. As for utilities I dont konw because it isnt up and running 100% yet.

Hope that helps a little.

[CrossEyedPhotography]

The photographer I used to work for was paying about $6k a month for his studio. He would make that back in one Wedding Gig! Craziness!

[Moppie]

Different suburbs in different cities in different countries are all going to have different rates for space.

But, I just looked at a space near where I live, in the middle of a middle to upper class suburb, in front a supermarket with very high levels of foot traffic.
It worked out at about US$30 per square meter per year, including outgoings.

Depending on what you shoot and how you price it, and what sort of volume you can generate is going to determine whether you can cover that or not.

[Mark Vuleta]

But, I just looked at a space near where I live, in the middle of a middle to upper class suburb, in front a supermarket with very high levels of foot traffic.
It worked out at about US$30 per square meter per year, including outgoings.



Man, that's cheap!! (are you sure that wasn't per sq/ft?)
Wonder if it's any good as a plumbing store (3 weeks to go on my lease:rolleyes:)

[Moppie]

Opps, I missed a zero :o

It should be about US$300 per square meter per year

:cool:

[harroz]

what does that work out to be per year if you worked it out Moppie do you know?

I'm interested as I've been looking at few spaces here lately.. we're looking at anywhere from 17,000-40,000 p/a here.

[Moppie]

How big a space?
100sqm would cost about NZ$50,000 per year.
I was looking at less than half that though, I have an idea to try something a little different.

[chrisvl]

I'm trying to get a better idea of the break even point for storefront and studio space.

What are you getting for that? Power, water etc.

Seriously considering getting back into shooting full time. Crazy time to start a business but I see opportunity.

Hey Jason, since you're a Canuck I'll pipe in.
I rent my studio for $300/mth but you have to have your own gear (lights, backdrops, etc). That gets me 4 days of shooting where unsed days can be rolled over as long as i continue to rent.
In the summer its $175/mth for 2 days/mth of use. This works fine for me because i shoot part-time and my unused winter days covers me in the summer if I need more.
My mentor rents for for $600 or $700/mth for 8 or 9 days of shooting. .

Store front is Exposure Manager U$99/yr for U$199/ yr

Hope that helps.

[Alleh]

It's all relevant to where you live and what you are looking for. I don't do retial photography so the last thing I want is a store front advertising a place to steal a bunch of expensive stuff. Currently I have an 800sqft studio basically just for shooting as I have a home office. I rent it for $580 a month and it's pretty centrally located in my city (industrial area). However I am trying to move into a new 1500sqft studio right in the middle of downtown. An old family friend rents a 10,000sqft top floor of a building and sublets out all the spaces. He gets a good deal and only tries to break even to make his rent space free so it's a perfect deal. The new space would be $500 plus monthly parking (The space is worth around $1200). I also know other guys that having amazing deals on studios and others who don't, it's just about the opportunities you can find and who you know.