Want to know exactly how much it costs to start a hairdressing business? here is a detailed analysis of the costs of opening a hair salon and raising funds.
The barber shop is where people go to get their hair cut and of course it is the hairstylist’s workplace. A hairstylist is a person whose livelihood mainly comes down to cutting, dressing, cutting, styling and shaving the hair for men and boys, and in some cases for women / girls with a low cut.
Besides the fact that people get their hair cut, dressed, groomed, styled and shaved at a barber’s, it’s also a place where people go to mingle with other people in the neighborhood and get involved. in trendy discussions about a community or a country, as the case may be. It’s also a place people go online to discuss sports and in general, it’s a hub that promotes male identity.
Now giving you the code:
- Hairdressing industry overview
- Market study and feasibility
- Hair salon business plan
- Marketing plan for hairdressers
- Naming ideas for hairdressers
- Licenses and permits for hair salons
- Cost of opening a hairdresser
- Hairdressing Marketing Ideas
We’ll see how much it will cost to build a hairdresser from scratch, including running costs.
Industry overview
In the United States of America, labor laws and licensing requirements for hairdressers differ for each state based on labor laws and licensing. For example; an esthetician working in Maryland cannot use a razor designed exclusively for hairdressers.
In the state of New Jersey, hairdressers and estheticians are regulated by the State Board of Estheticians and there is no longer a legal difference between hairdressers and estheticians as they have the same license and can practice the arts of shaving, dyeing, other chemicals and haircuts if they wish.
If you are planning to become a hairdresser and open a hairdressing salon, then you need to take hairdressing training. There are several ways to train a hairdresser. If you are in the United States of America, you need to go to a hairdresser and only then can you easily get your license and authorization. In addition, most states in the United States require that a barber be licensed before being licensed to practice hairdressing professionally. People also study the trade by training professional hairdressers in their stores.
No doubt the cost of training in a hair salon varies from state to state as well as from city to city. Schools in large cities tend to be more expensive than those in small rural towns. So brands can also affect the cost of a hair salon. On average, most hair schools in the US cost between $ 6,500 and $ 10,000.
Due to the fact that each state has different minimum hours of study, the duration and cost of the program may vary for this reason. Another factor affecting remuneration is that some schools have teaching materials and textbooks while others do not. Please note that in the United States of America and Canada, the hairdresser’s license exam fee is generally between $ 50 and $ 150.
Finally, most American states require as many hours of training for hairdressers as they do for estheticians. Typically, the number of hours required ranges from 800 to 2,000 hours of training and depends on state licensing requirements. Plus, most anti-haircut programs can be completed in a year and three months or less.
How much does it cost to start a hair salon business?
Analyzing the costs against this, it can be said that opening a hair salon in the United States of America, Canada, United Kingdom and Australia is practically the same with a few exceptions. For example, the cost of key ingredients in a hair salon such as clippers, sterilizers, combs, mirrors, flat screen televisions, audio system, scissors, shampoos, shaving powders, tinctures / hair dyes, aftershave hair creams and other types of hairdressing services. Accessories and consumables are the same, especially if they are comparable to US dollars.
Other factors which may vary slightly in terms of cost when it comes to opening a hair salon in any of the countries listed above; labor costs, transportation and logistics costs, local tax, business registration fees, rent / lease and other factors
On top of that, when it comes to opening an average barber shop, you need to be prepared to rent or lease a standard, centralized store. This will be one of the areas where you should be spending the bulk of your startup capital.
The other amounts are the amount required to purchase a trimmer, combs, mirrors, flatscreen TVs, stereo. , scissors, shampoos, shaving powders, hair creams, aftershaves and other shaving accessories and supplies, company scale / size and payments to your employees for at least the first three months after starting the business.
How much does it cost to open a hair salon in the United States?
These are the main expenses you are expected to incur when starting a business in mid-sized but standard hair salons in the United States of America. ;
- Total United States of America Business Registration Fee $ 750
- Legal fees for obtaining licenses and permits, and accounting services (software, POS and other software) USD 3,300
- Marketing advertising costs for the grand opening of the hair salon in the amount of $ 3,500, as well as the printing of brochures (2,000 brochures at $ 0.04 per copy). ) for a total amount of USD 3,580
- The cost of hiring a business consultant (including writing a business plan) is $ 2,500.
- The cost of the insurance (civil liability, workers’ compensation and property damage) totaling $ 2,400 .
- The 12 month lease payment is $ 1.76 per square foot for a total of $ 50,000
- Workshop renovation costs $ 5,000
- Other start-up expenses, including office supplies ($ 500), telephone deposits, and utilities ( $ 2,500 )
- Running costs for the first 3 months (employee salaries, bill payment, etc.) $ 60,000
- Initial cost of inventory (clippers, combs, mirror, flat panel TVs, audio system, scissors, shampoos, shaving powders, hair creams, aftershaves and other hair removal accessories and supplies)) USD 20,000
- Cost of shop equipment (cash register, security, ventilation, signage) USD 13,750
- Purchase cost of furniture and gadgets (phone, tables and chairs, etc.): 4000 USD
- cost of website creation and hosting: $ 600
- Cost of opening the party: $ 2,000
- Miscellaneous:
$ 5,000
You will need a budget of one hundred and fifty thousand dollars ($ 150,000 ) to successfully install your average but standard barber. shop in the United States of America. Please note that this amount includes the salaries of all staff for the first 3 months of work and only applies to one hairdresser.
The discovery of a small hairdressing business, but standard, the United States would cost fifty thousand dollars to one hundred fifty thousand dollars (from $ 50 000 to $ 150 000) .
When it comes to building a standard large-scale barber shop with multiple outlets in key cities across the United States of America, a business that intends to sell a franchise, you need to focus on budgeting. over five hundred thousand dollars ( $ 500,000 ).
How much does it cost to open a hair salon in the UK?
These are key expenses that you should start earning at mid-sized but standard hairdressing stores in the UK;
- In the UK online applications are typically registered within 24 hours and cost £ 12 (payable by debit or credit card, or PayPal). Postal requests take 8-10 days and cost £ 40 (payable by check to Companies House). On the same day the cost of the service is £ 100.
- Legal fees for obtaining licenses and permits, and accounting services (software, POS and other software) £ 700.
- Marketing advertising costs for the grand opening of the hairdressing salon in the amount of £ 3,500 , as well as the printing of brochures (2,000 brochures at £ 0.04 per copy) for a total of £ 3,580.
- The cost of hiring a business consultant (including writing a business plan) is £ 2,500.
- The cost of the insurance cover (third party liability, workers’ compensation and property damage) amounting to £ 2,400 .
- The 12 month rental charge is £ 1.76 per square foot for a total of £ 25,600.
- The repair in the workshop cost £ 3,000.
- Other start-up costs, including office supplies ( £ 300 ), telephone and utility bills ( £ 1,500 ).
- Running costs for the first 3 months (employee salaries, bill payments etc) £ 60,000
- Cost of start-up stocks (wire cutters, combs, mirror, flat screen TVs, sound system, scissors, shampoos, shaving powders, hair creams, aftershaves and other shaving accessories). and consumables) £ 15,000
- Cost of shop equipment (cash registration, security, ventilation, signage) £ 9,500
- Cost of purchasing and installing the CCTV systems: £ 4,500
- the cost of purchasing furniture and gadgets (computers, printers, telephones, televisions, audio systems, tables and chairs, etc.): £ 2,500.
- Website creation and hosting: £ 600
- The cost of opening the party is £ 2000 .
- Miscellaneous: £ 5,000
You will need a budget of £ 100 000 (100 000 £ ) to successfully create a medium coffee but standard in the UK. Please note that this amount includes the salaries of all staff for the first 3 months of operation and only applies to a hair salon.
Start small hairdressing business in the UK costs between £ 25 000 and 75 000 £ ( £ 25 000 to $ 75 000 ).
When it comes to setting up a large, standard barbershop with multiple outlets in the UK, a business looking to sell a franchise, you should expect a budget over £ 350,000 ( £ 350,000 ) .
How much does it cost to open a hair salon in Canada?
These are the main expenses you have to incur when starting an average but standard hair salon in Canada.
- For the registration of federal enterprises in Canada, the registration fee is $ 200 if filed online through the Canada Online Center ( $ 250 if filed by other means).
- Legal fees for obtaining licenses and permits and accounting services (software, POS and other software) $ 3,300.
- Marketing advertising costs for the opening of a hair salon, totaling $ 3,500, as well as the printing of flyers (2,000 flyers at $ 0.04 per copy) totaling $ 3,580 .
- The cost of hiring a business consultant (including writing a business plan) is $ 2,500.
- Insurance coverage costs (general liability, industrial accidents and loss of property) for a total premium of $ 2,400.
- The cost of paying the lease for 12 months is $ 1.76 per square foot for a total of $ 50,000 .
- Cost of rebuilding the building. buy $ 5,000.
- Other start-up costs, including office supplies ( $ 500 ) and telephone and utilities ( $ 2,500 ).
- Running costs for the first 3 months (employee salaries, bill payment, etc.) $ 60,000
- Initial cost of inventory (scissors, combs, mirrors, flatscreen TVs, audio system, scissors, shampoos, shaving powders, hair creams, aftershaves and other shaving accessories and supplies) USD 20,000
- Cost of store equipment (cash register, security, ventilation, signage) USD 13,750
- Purchase price of furniture and gadgets (phone, tables and chairs, etc.): 4000 USD.
- Website creation and hosting: $ 600
- Cost of opening the party: $ 2,000
- Miscellaneous: $ 5,000
You will need a budget of one hundred and fifty thousand dollars ($ 150,000 ) to successfully set up an average but standard hair salon in Canada. Please note that this amount includes the salaries of all staff for the first 3 months of employment and only applies to one hairdresser.
Start small, but standard hairdresser in Canada costs around fifty thousand dollars to one hundred and fifty thousand dollars (from USD 50,000 to USD 150,000 ).
When it comes to building a standard full-scale barber shop with multiple outlets in major Canadian cities, a business that intends to sell a franchise, then you should consider a budget of over $ 500,000. ( $ 500,000 ).
How much does it cost to open a hairdressing business in Australia?
These are the main expenses you should incur when starting a medium but standard hairstyling business in Australia;
- In Australia, the fees to register your business name with an ASIC include: $ 34 for 1 year, $ 80 for 3 years.
- Legal fees for obtaining licenses and permits and accounting services (software, POS and other software) $ 3,300.
- Marketing advertising costs for the opening of the hair salon in the amount of $ 3,500, as well as the printing of brochures (2,000 brochures at $ 0.04 per copy) for a total of $ 3,580 .
- The cost of hiring a business consultant (including developing a business plan) is $ 2,500.
- Insurance coverage for costs (civil liability, industrial accidents and property damage) totaling $ 2,400 .
- The cost of paying rent for 12 months is $ 1.76 per square foot in total. 50,000 USD.
- The cost of the store renovation is 5000 USD
- Other start-up expenses including office supplies ( $ 500 ), telephone and utility bills ( $ 2,500 ).
- Running costs for the first 3 months (employee salaries, bill payment, etc.) $ 60,000
- Initial cost of inventory (scissors, combs, mirror, flat) TV screen, audio system, scissors, shampoos, shaving powders, hair creams, aftershave and other shaving accessories and consumables) USD 20,000
- Cost of shop equipment (cash register, security), ventilation, signage) USD 13,750
- Purchase price of furniture and gadgets (phone, tables and chairs, etc.): 4000 USD.
- Website creation and hosting: $ 600
- Cost of opening the party: $ 2,000
- Miscellaneous: $ 5,000
You need a budget of one hundred and fifty thousand dollars. ( AU $ 150,000 ) to successfully set up a conventional but standard hairdressing salon in Australia. Please note that this amount includes the salaries of all staff for the first 3 months of employment and only applies to one hairdresser.
Start small, but standard hairdresser in Australia will cost about fifty thousand dollars to one hundred fifty thousand dollars (of 50,000 Australian dollars to 150 thousand Australian dollars ).
When it comes to setting up a standard large-scale barber shop with multiple outlets in major Australian cities, a business with the intention of selling a franchise, then you should consider a budget of over $ 500,000. USD ( AU $ 500,000 ).
The initial cost estimate for a hairdresser was based on the following factors:
- Personal / Work
When it comes to starting a large-scale standard barber shop, you need the services of certain professionals. These people play a very important and important role in the hairdressing business. The following specialists are required:
- Head hairdresser / CEO (owner)
- Assistant head hairdresser / hairdresser director
- Hairdresser
- Commercial agent
- Cashier (counter agent)
- Cleaners
- Security guards
Can a hair salon business be started on a lean budget right from home?
A hair salon is one of the many businesses that, although it can be started on a relatively tight budget, can “work from home, except you only want to do home services – go to your clients’ homes.”
This is because you don’t want people to keep knocking on your door and invading your privacy just because you want to cut / style your hair. This is actually a security risk and you probably won’t get permission. your city’s regulatory department.
Although in some countries you can successfully set up a small barber shop or kiosk in your front yard. With this you can really start your own hair salon on a very tight budget within your apartment / estate. Just be sure to check with the appropriate authorities in your city to make sure you get permission to do business in a residential area.
How Much Does it Cost to Buy a Hairdressing Business Franchise ?
In the United States of America, the average purchase price for a hairdressing franchise is US $ 120,000. As an example, there are 3 well-known franchises in the United States of America:
- Hammer Nails / Grooming Workshop for Boys
- Shark cuts for kids
- Image Studios 360
In the UK, the average purchase price for a hairdressing franchise is £ 80,000. Here are examples of 3 well-known hairdressing franchises in UK:
- Headcase-Barbers franchise
- original hairstylist Tommy Guns
- Hair for Men Ltd
In Canada, the average purchase price for a hairdressing franchise is CAD 150,000 . Here are some examples of 3 well-known franchise franchises in Canada:
- MVP Modern Barbers
- Tommy Guns Original Hair Salon
- The Barbershop A Men’s Barber Shop ®
In Australia, the average purchase price for a hairdressing franchise is AUD 150,000. As an example, there are 3 well-known franchise franchises in Australia:
- Tommy Guns Original Hair Salon
- BarberVan® family of franchises
- Wellington barber
