Starting a barbershop involves a lot of planning, and knowing the costs can help you prepare. As a leading manufacturer of barbershop furniture and equipment, our company is experienced in setting up barbershops with the right premium tools. In this article, we’ll break down the key costs you need to consider when opening your own barbershop.
1. Location and Rent
One of the largest expenses you’ll face when starting a barbershop is rent. The location you choose will determine how much rent you pay. Rent is typically higher in busy or high-traffic areas. You should plan for the first few months of rent and a security deposit. Rent prices can range from $1,000 to $5,000 per month, depending on the location and space size.
After confirming the location, let’s discuss how you can make your space look appealing and professional.
2. Interior Design
Interior design is about creating an inviting, functional, and stylish space for your customers and staff. It’s important to create a comfortable atmosphere that reflects your brand. This might include choosing the right colors, flooring, lighting, and furniture.
The cost for interior design varies depending on your space size and the designer’s fees. You should expect to pay anywhere from $1,000 to $5,000 for a professional designer. This price will cover their time, design plans, and any custom elements you need. If you want your barbershop with unique and stylish, customized equipment and tools are necessary. You can work with a professional equipment manufacturer to get OEM products. By the way, some professional barbershop equipment manufacturers also offer interior design services.
3. Equipment and Furniture
Barbershop equipment is essential for your daily operations. Some of the basic items you’ll need include:
- Barber Chairs: Comfortable and adjustable chairs for clients. These can range from $200 to $1,000 each.
- Barber Trolleys: Storage trolleys to keep your tools organized. These usually cost between $100 and $300.
- Reception Desk: A desk for checking in clients and handling payments. Prices range from $200 to $500.
- Mirrors and Stations: These are necessary for both barbers and clients. Mirror stations typically cost between $100 and $400 each.
- Waiting Sofas: Comfortable seating for your clients while they wait, costing between $150 and $600.
After the space and tools, you need to think about the management and payment system.
4. Barbershop Management System and POS System
To keep your barbershop running smoothly, you’ll need a reliable management system. A barbershop management system helps you with scheduling, client information, and payment tracking. Many systems, such as Clover, combine everything you need in one software. Clover offers tools for appointment booking, point of sale (POS) processing, and even inventory tracking. These systems typically cost around $30 to $250 per month, depending on the features you choose.
Next, let’s look at other ongoing costs like utilities and insurance.
5. Utilities and Insurance
Your barbershop will need utilities like electricity, water, and internet. These costs generally range from $100 to $500 per month, depending on the size of your shop. You’ll also need to get insurance to protect your business. Insurance costs can range from $500 to $2,000 per year, depending on the coverage you choose.
6. Marketing and Staff
Marketing is an important part of growing your business. You’ll need to spend money on things like a website, social media promotions, and local ads. Before this, you need a website. Designing a website could be $50-$1000. If you wanna a low cost for website appearance, you can use a website template to set it up. On the other hand, you can hire people to make unique ones with your brand style for a higher cost. Besides this, the website needs a cloud server, price could be $3-$50(or even higher) per month. For the advertising, a reasonable marketing budget might be between $500 and $2,000 for the first few months, up to your plan.
You’ll also need to hire barbers or other staff. Salaries can vary, but barbers usually earn between $15 and $50 per hour depending on their experience. Some barbershops offer commission-based pay, while others pay a set salary.
7. Miscellaneous Costs
In addition to the major expenses, you’ll also need to budget for ongoing supplies. These can include towels, cleaning products, and hair care products you sell to clients. You should expect to spend around $200 to $500 per month on these items. Having a small emergency fund for unexpected costs is also a good idea.
Opening a barbershop involves many costs, but with careful planning, you can be prepared. From rent and equipment to marketing and management software, the costs can add up. As a leading barbershop furniture supplier, we offer everything you need to set up your shop, including barber chairs, trolleys, interior design and more. Reach out to us today to get started.