How profitable is to open a saloon?
- Thread starter Sanjeev
- Start date
Here too, just the subdivision/community I am at right now. There are plenty of saloons. We have barber shops, beauty parlor too. I think they are profitable. My go-to barber shop is always busy. Everytime I go for a hair cut, it is always long queue.
I do not have any idea about saloon budgeting. But important in this business is building talented or skilled saloon workers. This time, it seems only a very few go to the saloon because of fear of the virus. The virus is just lurking around waiting for a host to victimize.
They are open now and there are more people going to the saloon now compared before. Back in 2020, that was December, there is one gents saloon near my work. I was the only customer that time.
Also here, but it is not like before, the downtown here where saloons are installed, still only a few operates.
I think that it is a very profitable business because everyone wants to look smart.
60 years ago my Mother-In-Law owned a beer tavern and it was very profitable, but came with a lot of headaches too that have become worse since then The problems caused insurance rates to skyrocket and lead to periods of inactivity, which lowered profits for those periods. So I think it would depend on the three greatest factors involved, location, location, location.
One thing i believe is that every business is profitable, what actually matters most is how you package the business and most importantly the location of the business. There are cases where you might actually be at the right location but how you package and run the business might make you not get enough profit.
- Thread starter
- #10
Every business depends on location there one must do so research before opening a business in anything. For saloons also one must check if there will be enough customer which may like to go to the saloons.
Sure we all want to look nice so everyone will be using the place and it will be profitable.I think that it is a very profitable business because everyone wants to look smart.
- Thread starter
- #13
I agree on everyone like to look good and that's the reason they go to saloon and beauty parlours.
Saloon business is very profitable in my country but it's more profitable during special events like Christmas and wedding ceremonies since most people needs their hair done so that they can stand out for the occasion.
I have come to understand that any business that has to do with fashion and style would always be lucrative.
There are so many things that you should take into consideration most especially if you're into fashion. It is important to follow the trends for you to make good income in the industry.
A saloon whether it is for male or female is a very lucrative business. I know so many people running a saloon business and I have to say that it is highly profitable.b
