Without beating around the corner, let’s find out the analysis of the cost of opening a barbing salon in Nigeria in 2021 and the necessary barbing salon equipment/tools prices 2021.
As a Nigerian, it is believed that you don’t need to be told how lucrative and profitable barbing business is the country.
Now, if you wish to venture into barbing business, how much will you need to setup the barbing salon and buy all the required equipment for operation?
Hey there!!! That is exactly what this page will enlighten you on. The information on this page contains the cost analysis of opening and running a barbing salon in Nigeria.
Is Barbing Business Profitable in Nigeria?
Because we dig deep to the total cost of opening a barbing salon in Nigeria in 2021, let’s check out the interesting part of this business which is the profit.
Barbing business in Nigeria is highly profitable, easy to manage, and affordable to start. All that is needed to run this business is the ability to manage the business effectively.
Meanwhile, the profit in Barbing Salon business varies base on the standard of the barbing salon and the location of the salon.
A VIP barbing business will make an average monthly profit between Hundred Thousand Naira (N100,000) to Five Hundred Thousand Naira (N500,000).
A medium standard barbing business will make monthly profits between Thirty Thousand Naira (N30,000) to Hundred Thousand Naira (N100,000).
How Much will it Cost to Start a Barbing Salon in Nigeria?
Starting a VIP barbing salon business in Nigeria will cost between Three Hundred Thousand Naira (N300,000) to One Million Naira (N1,000,000).
A typical VIP barbing salon in Nigeria must have advanced barbing tools, a very conducive salon environment and a high level of security.
Alternatively, opening a small or medium standard barbing salon in Nigeria will cost between Fifty Thousand Naira (N50,000) to Two Hundred Thousand Naira (N200,000).
In this case, moderate equipment, barbing tools, services and barbing salon environment will be okay for a startup. See the prices of barbing salon equipment below.
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Prices of Barbing Salon Equipment/Tools in Nigeria 2021
To properly know how much it will cost to start a barbing salon business in Nigeria, it is very important to take all the necessary barbing salon equipment and their prices into consideration.
The evaluated cost analysis of opening and running a barbing salon business in Nigeria 2021 are as follows:
Barbing Salon Equipment Prices for VIP Standard
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|Renting a shop||N250,000 or above||1|
|Generator||₦10,0000 or above||2|
|Air Conditioner (A.C)||N80,000 or above||3 to 5|
|Music/Sound System||₦55,000 or above||1|
|Clippers||₦15,000||10 to 20|
|Rotating Barbing Chair||₦60,000 or above||5 to 10|
|Sterilizer/Warmer||₦45,000||for each Barber|
|Combs/Brush||₦10,000||for each Barber.|
|Wall Mirrors||₦30,000 or above||3 large size|
|Neck Strips||₦1,500||20 pieces|
|Shaving Brush/Powder Slot||₦1,500||for each barber|
|Hair Conditioners||Not fixed||Necessary ones|
|Neck Tissue Paper||₦1,000||Not fixed|
Barbing Salon Equipment Prices for small or Moderate Standard.
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|Renting a shop||N36000 or above||1|
|Generator||₦50000 or above||1|
|Air Conditioner (A.C)||N80000 or above||1 or use fan|
|Standing Fan||N20000||1 standard fan|
|Clippers||₦15000||3 to 5|
|Rotating Barbing Chair||₦30000 or above||2 to 4|
|Combs/Brush||₦1000||for each Barber.|
|Wall Mirrors||₦10000 or above||large size|
|Neck Strips||₦1500||5 pieces|
|Shaving Brush/Powder Slot||₦1500||for each barber|
How much Does a Barber make in Nigeria?
A self-employed barber in Nigeria can earn up to Hundred Thousand Naira (₦100,000) monthly profit while an employed or hired barber can earn up to Seven Thousand Naira (₦70,000) monthly depending on the standard of the Barbing shop.
Finally, opening a barbing salon business in Nigeria is profitable and recommendable especially if the person involved is skilled in barbing.
To start your own shop, you should go for barbing training and obtain a better skill in barbing. If possible, it is recommended that you work under somebody first so as to understand how the barbing business really works.
Now that we have enlighten you on the cost of opening a barbing salon in Nigeria in 2021, it is left for you to make up your mind and join the business today.