10+ Best & Profitable Barber Shop Business Ideas [2023]

Discover 10+ unique and creative barber shop business ideas that will make your business stand out from the competition and keep your customers coming back for more. Find out inspiring ways to develop the profits of your barber shop today!
Nick

By Nick Cotter
Updated Feb 07, 2024

Image of barber shop business ideas
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Hey there, future entrepreneur! Have you been dreaming about starting your own business, but you're not quite sure where to start? Maybe you've got a knack for style, a passion for grooming, and a vision of owning a bustling barber shop. But, where do you begin? Well, you're in the right place!

Welcome to our guide on the "10+ Best & Profitable Barber Shop Business Ideas in 2023". It's not just a list, it's a treasure trove of inspiration, a roadmap to your dream business, and a stepping stone towards financial freedom. We're here to fuel your entrepreneurial spirit, to motivate you to take that leap of faith and to educate you on the most profitable barbering ventures you can embark on in 2023.

Whether you're a seasoned barber looking to branch out on your own, or a business-minded individual seeking a profitable industry, this guide is for you. So, sit back, grab a cup of coffee, and let's dive into the world of barbering business ideas that could potentially change your life!

Mobile Barbering

Are you tired of waiting in long lines or driving to a salon for a simple haircut? Look no further because mobile barbering is the solution to your problem. This innovative business idea brings the salon directly to your doorstep, saving you time and effort.

  • Mobile barbering is a hair styling and grooming service that takes place in the convenience of the client’s home or office.
  • The barber brings all of the necessary equipment, such as scissors, combs, and clippers, in a portable case to the client’s location.
  • This service is perfect for busy professionals or individuals who have difficulty traveling to a salon due to mobility or transportation issues.

In addition, mobile barbering has the potential to be a successful and profitable business venture. Here are a few reasons why:

  • Low overhead costs: Unlike traditional brick-and-mortar salons, mobile barbershops require minimal overhead costs such as utilities and rent.
  • Flexibility: As a mobile barber, you can set your own schedule and work around your personal life.
  • Loyal customer base: Clients will appreciate the convenience and personalized service that a mobile barber can offer, leading to repeat business and positive reviews.

Overall, mobile barbering is a service that provides ease and convenience to those seeking a quick and quality haircut. With low overhead costs and a loyal customer base, this business idea has the potential to be a successful and profitable venture.

image of a Mobile Barbering

Beard Trimming

A beard trimming is a grooming service that involves tidying up and shaping of facial hair. As men become more conscious of their appearance, beard trimming has become increasingly popular. This is why it would make a great business idea.

  • Beard trimming services are in high demand as more men seek out professional grooming services for their facial hair.
  • Beard trimming can be a standalone service or offered as part of a haircut package, increasing revenue potential for businesses.
  • By offering a range of services, such as beard trimming, hair cuts, and hot shaves, businesses can attract a wider customer base.
  • Beard trimming services can be tailored to meet the needs of clients, offering bespoke styles and finishes.
  • Businesses that offer beard trimming services can develop and sell grooming products to clients, increasing revenue potential further.
  • With the right marketing strategy, businesses that offer beard trimming services can attract customers who are enthusiastic about their facial hair and looking for a trusted and professional service.
  • This idea can be expanded to include other types of facial hair grooming, such as mustache and goatee trimming, further increasing the range of services offered by the business.
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Examples of successful businesses:

The following is a list of successful barber shop businesses that have expanded and grown throughout the years:

  • The Barbershop
  • Mister Cuts
  • The Hair Shop
  • Breezy Barbershop
  • Scissor Cutters Salon
  • Groom Room Barbershop
  • Kings & Co. Barber Shop
  • Top Notch Barber Shop
  • Pomade Palace Barber Shop
  • Fade Factory Barbershop

Hair Coloring

If you’re someone who loves experimenting with hair, then you know the importance of good hair color. It can transform your look, boost your confidence, and make you feel like you can take on the world. But have you ever considered the other side of the coin? What if you could help others achieve this same feeling by starting your own hair coloring business?

  • A hair coloring business involves offering a range of hair coloring services, from highlights to full-head color.
  • One of the biggest benefits of starting a hair coloring business is the versatility of the service. Hair coloring can be done on any hair type, length, or style, making it an inclusive service for all clients.
  • Hair coloring is also a relatively affordable service to provide, which makes it accessible to a large audience.
  • Another advantage of starting a hair coloring business is the potential for repeat clients. Hair coloring requires maintenance appointments every few weeks, so if you impress your clients with quality services, they'll likely come back for more.
  • Not only is a hair coloring business profitable, but it's also fulfilling. Seeing the joy and confidence that you bring to your clients can be incredibly rewarding.

Starting a hair coloring business may seem daunting, but with the right training and tools, it can be a lucrative and meaningful venture. Whether you're just starting out or looking for a new business opportunity, a hair coloring business is worth considering.

Hair Cutting

If you're looking for a profitable business idea, have you considered starting your own hair cutting business? While it might seem simple on the surface, there are actually many reasons why opening a hair cutting business could be a smart move.

Why start a hair cutting business?

  • Low startup costs: Compared to other types of businesses, starting a hair cutting business typically requires less initial investment
  • Steady demand: People will always need haircuts, no matter what the economy is like
  • Potentially high earnings: Depending on the location and clientele, hair cutting businesses can generate significant profits through tips and repeat customers
  • Flexibility: As the business owner, you have the ability to set your own schedule and work as many or as few hours as you'd like
  • Opportunity for growth: By offering additional services like hair color or extensions, you can expand your offerings and increase revenue
  • Connections: Building personal relationships with clients can lead to referrals and word-of-mouth advertising

These are just a few of the reasons why starting a hair cutting business could be a great idea. As with any business venture, it's important to do your research and make a solid plan before diving in. But with the potential for low startup costs, steady demand, and high earnings, a hair cutting business could be a profitable and rewarding choice.

Hair Styling

Have you ever thought of starting your own business but don't know where to start? What about a hair styling salon? With the beauty industry on the rise and people always wanting to look their best, owning a hair salon can be a profitable and rewarding venture.

  • Hair styling is a service that will always be in demand, regardless of the economy or season.
  • People are willing to spend money on their appearance and are often loyal to their favorite stylists.
  • A hair salon can offer a range of services from haircuts and styling to coloring and treatments, allowing for multiple streams of revenue.
  • You have the ability to create a welcoming and comfortable environment for your customers and build a sense of community within the salon.
  • You can also create a unique brand and aesthetic for your business, setting yourself apart from competitors.

Starting a hair styling business does require some initial investment in equipment and product inventory, as well as obtaining necessary business licenses and insurance. However, with the right planning and execution, owning a hair salon can be a profitable and exciting career path.

Related business ideas:

Hair Extensions

Many people dream of having long, luscious locks but unfortunately, not everyone is blessed with thick, voluminous hair. This is where hair extensions come into play. Not only do they add length, but they can also be used to add volume, texture, and even color to hair.

  • Hair extensions are a popular beauty trend that have been around for decades, but have recently gained even more popularity due to social media influencers and celebrities who regularly show off their new hair extensions in photos and videos.
  • They are available in a variety of materials such as human hair, synthetic hair, and even animal hair. Human hair extensions are the most popular since they have a more natural look and can be styled just like your natural hair.
  • Hair extensions are not just restricted to long hair. They can also be used to add thickness and volume to short hairstyles.
  • Hair extensions are a great option for those who want to try a new hair color without committing to permanent color, or for those who want to add fun highlights.
  • With proper care and maintenance, hair extensions can last for months, making them a profitable business idea with the potential for repeat customers.
  • As a hair extensions business owner, you can also offer services such as installation, styling, and maintenance for an additional fee.
  • Hair extensions are not just limited to individuals. You can also target other industries such as theater, film, and bridal for an even wider customer base.

Hair Straightening

Have you ever struggled with frizzy, unruly hair? Does your hair have a natural curl or wave that you wish you could smooth out? Enter hair straightening – a popular beauty treatment that can transform even the wildest of manes into sleek, smooth tresses. But what exactly is hair straightening, and why is it a good business idea?

  • Hair straightening is a process that uses heat, chemicals, or a combination of both to alter the natural structure of hair.
  • The most common methods of hair straightening are heat styling tools like flat irons and blow dryers, chemical treatments like relaxers and keratin treatments, and Japanese straightening.
  • Benefits of hair straightening include reduced frizz and flyaways, improved manageability, and a sleek, polished look.
  • Hair straightening can be a profitable business idea for several reasons:
  • It is a popular service that is in high demand, particularly for special events like weddings and proms.
  • Clients often return for repeat treatments every few months, which can provide a steady stream of income.
  • Upselling products like heat protectant sprays and smoothing serums can increase revenue per client.
  • With proper training and certification, hair straightening can be a lucrative skillset for hairstylists to offer.

Whether you're a seasoned hairstylist looking to expand your services or an entrepreneur interested in the beauty industry, hair straightening is a business idea worth considering. Just be sure to prioritize healthy hair practices and educate clients on how to properly care for their newly straightened locks.

Hair Braiding

Have you ever admired a friend's stunning braids and wondered how they got them done? Hair braiding is an ancient art that has been used to create beautiful hairstyles for centuries. Whether you're just looking for a new look or you're interested in starting your own business, hair braiding might be the perfect option for you.

  • What is hair braiding? Hair braiding is the process of weaving hair strands together to create intricate patterns and styles. There are a wide variety of braiding techniques, ranging from simple three-strand braids to more complex cornrows and box braids.
  • Why is hair braiding a good business idea? There are many reasons why hair braiding could be a great business opportunity. Some of the benefits include:
  • Flexibility: Hair braiding can be done anywhere, at any time. Whether you want to work from home or travel to your clients, you have the freedom to make your own schedule.
  • Low start-up costs: Unlike some businesses that require expensive equipment and materials, hair braiding has minimal start-up costs. All you need are some basic supplies such as combs, hair ties, and hair extensions, which can be purchased for relatively low prices.
  • High demand: Everyone needs haircuts, but hair braiding is a specialized skill that not everyone has. As a result, there is a high demand for quality hair braiding services. With the right marketing and networking, you can build a loyal customer base and generate steady income.
  • Creative expression: One of the best things about hair braiding is that it allows you to express your creativity while helping your clients feel beautiful and confident. You can experiment with different styles and techniques and customize each hairstyle to fit each client's unique personality and preferences.
  • How can you get started? If you're interested in starting a hair braiding business, here are some tips to help you get started:
  • Get trained: While hair braiding does not require a license in most states, it is still important to get proper training and education to ensure that you can provide high-quality services to your clients. Consider enrolling in a braiding school or apprenticeship program to learn the essential techniques and safety practices.
  • Invest in quality supplies: While you don't need to spend a fortune on supplies, it is important to invest in high-quality tools and materials to ensure that your clients get the best possible results. Look for products that are durable and designed specifically for braiding to help make your job easier.
  • Build your brand: In order to attract clients and build a successful business, you need to build a strong, recognizable brand. This includes creating a name, logo, and marketing materials that reflect your unique style and personality. Consider networking with other local hair stylists, creating a social media presence, and offering special promotions to help spread the word about your business.

Manicures And Pedicures

Manicures and pedicures are beauty treatments that involve the grooming and care of nails on the hands and feet, respectively. Not only do they make the nails look beautiful, but they also offer several benefits that keep the nails healthy and strong. Offering these services as a business idea can be lucrative because of the high demand for beauty services and the potential for repeat customers.

Benefits of Manicures and Pedicures

  • Improves the appearance of the nails: Regular manicures and pedicures can enhance the look of the nails by keeping them clean, shiny, and well-groomed.
  • Prevents nail damage: Trained manicurists can identify potential nail problems, such as fungal infections or ingrown nails, and take action to prevent further damage.
  • Relaxes and de-stresses: Manicures and pedicures include massages and softening treatments that can help to reduce stress and promote relaxation.
  • Hydrates the skin: Soaking, scrubbing, and moisturizing treatments help to keep the skin around the nails smooth and supple.
  • Offers creative expression: Manicures and pedicures allow for artistic expression and customization through a variety of colors, textures, and designs.

Why Manicures and Pedicures Make a Good Business Idea

  • High demand: Manicures and pedicures are popular beauty treatments that are always in demand, making it a viable business idea with a consistent flow of customers.
  • Repeat customers: Regular maintenance of nails is necessary to keep them healthy and strong, resulting in repeat visits from customers.
  • Flexibility: Manicure and pedicure services can be offered in various environments, including salons, spas, or even mobile units, making it a flexible business model.
  • Low startup costs: Starting a manicure and pedicure business requires minimal investment, mainly for supplies and equipment, compared to other business ventures.

Special Occasion Styling

Special occasion styling is a service that involves providing makeup and hairstyling for events such as weddings, proms, and other special occasions. With the rise of social media, more and more people are turning to professionals for help in achieving their desired look for these events. This has created a booming industry for special occasion stylists.

  • Special occasion styling can encompass a range of services including bridal makeup, updos, and special event makeup.
  • Special occasion styling requires a high level of skill and expertise in hairstyling and makeup application.
  • It's a business idea that has a low overhead cost, making it an ideal option for those who want to start a business but have limited resources.
  • Networking and building relationships with event planners, photographers and other industry professionals can help expand a special occasion styling business.
  • The demand for special occasion styling is consistent year-round, with peak seasons during spring and summer when many weddings and proms take place.

Nick

Founder and CEO

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.