Last Updated on August 29, 2021 by Ope Quadri
Looking good is a serious business. Wearing good clothing isn’t enough for men, they also need to have a nice haircut. That’s one of the reasons barbing salon is a lucrative business you can set up in your community.
In this guide, I’ll work you through how to set up a barbing salon business in Nigeria and start making daily income.
Factors to consider to set up your barbershop
- Required equipment
- Good location
- Association registration
- Business Name registration
- Additional services
List Of Equipment To Start a Barbing Salon
- Washing tub
- Barber’s neck Strip
- Shaving brush with powder slot
- Barber cap
- Hair conditioner
- Human hairbrush
- Barbers duster brush
- Hair combs
- Hair relaxer
- Sound system
- Barber association fee
If you’ve seen a barbing salon in your environment and wondering how the owner started, the fact is that he must have gotten at least 90% of the above equipment.
In fact, if you don’t know how to barb but you have the funds to establish a barbershop, I’ll show you how to get that done.
Now that you know the equipment you need to set up a standard barbing salon, let see the cost of this equipment in the market.
Brand, location, inflation, and other factors could possibly determine the price of the gadgets you need for your barbershop.
For instance, you might pay more for something you bought last month in the Nigerian market when making the same purchase the following week.
As such, the price list you see on this article isn’t definite. Inflation, environment, and your negotiation power may influence how much you pay.
|S/No||Barbing Equipment||Market Value (N)|
|1||Rent Shop||60, 000/year (N5K/month)
See cost of shop rent in different locations in Lagos.
|4||Sterilizer Towel Warmer||22,000|
|6||Barber neck strip||3,000|
|7||Shaving brush with powder slot||1,500|
|8||Waterproof Barber cap||4,500|
|9||Barber hair conditioner||6,500|
|16||24’ inches LCD TV||27,500|
|18||Sound system (Rechargeable A11 Home Theatre Sub-woofer Bluetooth Fm Speaker)||10,500|
|19||Miscellaneous for the first three months||20,000|
|20||Clippers (electric and rechargeable)
Electric clipper: 10,500
Cordless/rechargeable clipper: 14,500
If you’re lucky to get a good location, you can possibly make N300,000 per month or more, depending on your location.
A colleague shared a story of a barber/stylist around Lekki how he makes between N10, 000 to N30,000 per day, depending on the reason. If it’s a makeup business, more monies are made.
Your location is very important when setting up a business and of course starting a barbing salon isn’t an exception. You need a good location.
So let’s get started first with the list of basic equipment before jumping on the cost of equipment you need to set up a barbing salon whatever your location is.
Barber Association Registration
Most times, it’s even more important to register with a barber association in your state or local government of operation than government registration.
Your shop could be locked if you reduced to register with them, they can come en masse to disrupt your business activities.
Barber Association Fee in Nigeria:
Just like every handiwork in Nigeria, barbers in Nigeria also have associations spread across the state.
In Lagos, it’s called Lagos State Barbers, Hairdressers, and Cosmetologists Association (LABHCA).
They also have branches in each of the local governments, to join, you’ll pay between N20,000 to N50,000.
Business Name Registration
Don’t forget to register your business at the Corporate Affairs Commission (CAC). This gives you an edge to gain access to benefits like soft loans. Registration is done online and you can get this done by you with less than N20, 000
To start, you can buy a small generator which costs between N20,000 to N30,000.
Depending on your environment, you can get the first grade of some of the above equipment then you begin to upgrade as you make more revenue.
The Miscellaneous will covers the cost you might incur for the first three months. This is because customers might not be forthcoming from the beginning.
How much does it cost to set up a barbershop in Nigeria?
From the costing above, you can start a barbing business with less than N500,000. However, your location will determine the cost.
For instance, someone who wants to set up a barbing salon in exotic areas like Leki, Ajah, and Ikoyi should be budgeting at least N700,000 to rent a shop. And the fact is a barber in that location charges more than a barber in areas like Agege.
How much can a barber make in Nigeria?
In Agege, barbing is some areas is still N300, while you will pay N2,000 or more to have a cool haircut at some barbershops in Ikeja while there are barbing salons that charge N5,000 or more in Leki and Ajah.
This means you can make as much as N500,000 within a few months when the business starts flourishing or during the festive period.
On average, a barber in Agege can make Between N100,000 to N200,000 within a month.
In areas like Ikeja GRA, Ajah, or Lekki, a barber can make between N350,000 to N600,000 within a month. Some barbers on the Lekki axis are big boys.
Additional Services for Men’s Barbing Salon
To make more money from a barbing salon in areas like Ikeja GRA, Lekki, Ajah, Ikoyi, you can add more services to your list.
Other things you can monetize include:
- Beard design for men
- Tattoo unit
- Creative mustache trimming
- Special services for child’s hair cut
- Professional permanent waving
- Beard mustache color
- Hair color
- Sporting wave
- Neck clean up
- Beard treatment for ‘big boys’
The above additional services are in high demand among artistes, actor, actresses across Nigeria.
- Barbing business is lucrative in Nigeria because at least 70% of guys in your location wants to look cool in a nice haircut
- Your location determines how much it will cost to set up a barbing salon in Nigeria
- You may not necessarily buy a 1.5KVA generator for a start when setting up a barbing salon
- It is very important for a new business to set aside miscellaneous.
Ope is the Head of Content at InfomediaNG. He’s a researcher whose interests cut across real estate investment, stocks, financial technology, and youth empowerment. He’s awesome in Content Marketing and SEO. Favourite Tools: Google Analytics, Canva, UberSuggest