Business Overview

Barbershops provide men and boys with grooming services, such as haircuts and shaves. They are small shops that specialize in cutting men's hair and shaving the neck and face. Since the times of ancient Rome, approximately 296 BC specifically, the barbershop has been known as a place to socialize in the neighborhood. It is a place for men to network and connect with others in the community.

Who is this business right for?

Those who are dedicated to working hard and delivering outstanding customer service will find success in this industry.

What happens during a typical day at a barber shop?

There are a number of items that will require your attention from day to day:

  • Scheduling client appointments
  • Consulting with customers regarding the cut and/or shave they would like
  • Cutting and/or shaving clients
  • Interacting with customers throughout the day
  • Providing information regarding proper aftercare, when necessary
  • Cleaning and maintaining all equipment
  • Keeping shop clean
  • Reordering supplies
  • Networking and marketing
  • Administrative tasks

What is the target market?

Your customers will primarily be adult males. From time to time, you will have a younger boy customer in need of a haircut. Your client base will be comprised of individuals who appreciate the artistry of a quality barber and enjoy the camaraderie and social atmosphere that a barbershop offers.

How does a barber shop make money?

A barbershop makes money by charging a fee for services provided.

What is the growth potential for a barber shop?

Deeply entrenched in history, barbershops are considered one of the most lucrative businesses in the world. Entrepreneurs who are willing to invest time and resources have the potential to expand their venture well beyond their primary location.