Example Hair Salon Business Plan

Hair Salon Business Development Costs

The following describes the typical hair salon business plan for starting a new salon business with Fantastic Sams Florida.

Item

Minimum

Maximum

Initial Fantastic Sams Florida License Fee $25,000 $25,000
New Salon Business Owner Training $0 $2,500
Travel & Living Expenses During Training $100 $2,500
Leasehold Improvements $0 $60,000
Rent & Utility Deposits $3,000 $8,000
Initial Haircare Product Inventory $6,000 $12,000
Hair Salon Equipment $20,000 $30,000
Computer System, Fixtures and Furnishings $3,000 $7,000
Hair Salon Supplies – Non Technical $2,500 $3,500
Hair Salon Identity & Graphics $4,000 $7,000
Advertising (first 90 days) $10,000 $15,000
Hair Salon Business Insurance $1,000 $2,000
Additional Funds/Working Capital (3 mo) $15,000 $50,000

Item

Minimum

Maximum

Hair Salon Business Investment Totals $89,600 $224,500