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Is 500k Enough To Open A Unisex Salon? - Investment - Nairaland

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Is 500k Enough To Open A Unisex Salon? by Goodgod213: 4:18pm On Jan 30
Hello guys as the title says, I have 500k To setup a unisex salon in Isolo or it’s Axis.A unisex salon that will have Pedicure, Hairdressing and A Barbing salon in it?? Will it be enough?? Please if you have a similar business can you suggest things I should look out for??

I and my woman are setting this up and we really want to get it right.

34 Likes 5 Shares

Re: Is 500k Enough To Open A Unisex Salon? by psalmsmiles(m): 4:22pm On Jan 30
yes and no
Depending on the size of what you've got in mind. Rent aside, 400k shoulf be enough to gather the neccesary equipments for both sexs. Just take your time and do more research.
But if you're aiming at getting anything like the pictures you posted above, then no. E go no reach
You're welcome.
Modified: I ended this month with a massive FTC.. Shower me with likes jare

279 Likes 11 Shares

Re: Is 500k Enough To Open A Unisex Salon? by Goodgod213: 4:24pm On Jan 30
psalmsmiles:
yes and no

Please go into details. Shop rent is about a 100k in Isolo. The 500k excludes shop rent just the utilities I am looking at?

7 Likes 1 Share

Re: Is 500k Enough To Open A Unisex Salon? by Dannieln1: 4:46pm On Jan 30
500k can setup either female or male
But not both

It all depends on how you plan to furnish the saloon...

I am planning to start up one at the end of the year.

13 Likes

Re: Is 500k Enough To Open A Unisex Salon? by Goodgod213: 7:20pm On Jan 30
Lalasticlala more views please
Re: Is 500k Enough To Open A Unisex Salon? by shortgun(m): 8:12am On Jan 31
You have more than enough....you wont know this until you start putting your saloon together.

37 Likes 4 Shares

Re: Is 500k Enough To Open A Unisex Salon? by xcitedjay(m): 11:09am On Jan 31
500k is enough to start a unisex salon but not like the ones in the pictures you put up. I had like 350k when I decided to set up one and I've spent over 500k so far.

79 Likes 4 Shares

Re: Is 500k Enough To Open A Unisex Salon? by Tookool(m): 11:17am On Jan 31
If you want exactly what's in the picture you posted, 3million naira isn't enough. Lower your standard a bit so you don't stop halfway

18 Likes

Re: Is 500k Enough To Open A Unisex Salon? by Slawormir: 11:18am On Jan 31
Damnnnnn niggarrr
Be a real niggarrr and make that saloon looks dope so that we real niggarrrs can come and get a nice hair cut

This reminds me of the movie "barber's shop" by icecube
I enjoyed that movie sha. Even Nicky Minaj dey the movie
Barbers shop 1
Barber's shop 2( back in business)
Barbers shop 3( the next cut)

You all need to watch that movie. Very sweet

If op can create such funny saloon environment like the one done by ice cube in that movie then i won't mind coming down from Benin city to Lagos to get a nice cut. The distance is not my problem. Have actually travelled to ikorodu to meet my cousin and his niggars just to smoke weed. We smoked that day ehnnn. It was all through the night

88 Likes 4 Shares

Re: Is 500k Enough To Open A Unisex Salon? by lavylilly: 11:18am On Jan 31
cheesy
Re: Is 500k Enough To Open A Unisex Salon? by Fentanyl: 11:18am On Jan 31
.
Re: Is 500k Enough To Open A Unisex Salon? by UnknownQueen(f): 11:18am On Jan 31
Please what investment can i go into with 450k

10 Likes

Re: Is 500k Enough To Open A Unisex Salon? by helinues: 11:18am On Jan 31
That depends on location and how standard the owners want it to be

The 500k self no reach rent alone in some area

5 Likes

Re: Is 500k Enough To Open A Unisex Salon? by alignacademy(m): 11:19am On Jan 31
Goodgod213:
Hello guys as the title says, I have 500k To setup a unisex salon in Isolo or it’s Axis.A unisex salon that will have Pedicure, Hairdressing and A Barbing salon in it?? Will it be enough?? Please if you have a similar business can you suggest things I should look out for??

I and my woman are setting this up and we really want to get it right.

It depends on how you want to START

Before you leap into anything, you could consider finding out from real players in your industry some of the things to look out for: things like seasonal trends/cycles, employee issues, etc.

With the right guidance, you will know the tricks of the trade which no book can ever tell you

All the best and keep us posted on how it goes

9 Likes

Re: Is 500k Enough To Open A Unisex Salon? by H2ho(m): 11:19am On Jan 31
no
Re: Is 500k Enough To Open A Unisex Salon? by gbaskiboy(m): 11:19am On Jan 31
That amount is reasonable to start business

1 Like 1 Share

Re: Is 500k Enough To Open A Unisex Salon? by airminem(f): 11:20am On Jan 31
smiley Yes it can. After which you can access a Micro finance loan to run it. Choose the location with over wiseness. Two heads are better than one, even if na coconut heads
Be inspired wink

10 Likes

Re: Is 500k Enough To Open A Unisex Salon? by majamajic(m): 11:21am On Jan 31
Yes


Based on area

In lekki , 500k is just to go knock for shop agent office

25 Likes

Re: Is 500k Enough To Open A Unisex Salon? by Flexherbal(m): 11:22am On Jan 31
You can start with what you have and grow.

4 Likes

Re: Is 500k Enough To Open A Unisex Salon? by sotall(m): 11:22am On Jan 31
Ok

In a slum or ghetto area yes...


Otherwise that money won't be enough to rent a shop in high-taste residential areas.

1 Like

Re: Is 500k Enough To Open A Unisex Salon? by vivalavida(m): 11:23am On Jan 31
why do u want to sell?
Re: Is 500k Enough To Open A Unisex Salon? by AjalaJ(m): 11:24am On Jan 31
The truth is: If you want to start a standard salon business, that amount isn't enough.




Perfect Money/Payeer/Epay/Neteller/Skrill: ItuGlobal
Re: Is 500k Enough To Open A Unisex Salon? by CasNova: 11:24am On Jan 31
Yes you can but be prudent about it.

2 Likes

Re: Is 500k Enough To Open A Unisex Salon? by Designerdollars: 11:24am On Jan 31
Common 500k ?grin
Op you no well grin cheesy
no go find cheap lappi make you begin dey press.
Use the rest money for food and credit grin

18 Likes 2 Shares

Re: Is 500k Enough To Open A Unisex Salon? by ehardetola(m): 11:25am On Jan 31
Enter market and make enquiry of what you needed to setup inside the shop.

4 Likes 1 Share

Re: Is 500k Enough To Open A Unisex Salon? by DropsMic(m): 11:25am On Jan 31
Following
Re: Is 500k Enough To Open A Unisex Salon? by scokoro: 11:25am On Jan 31
just inbox me. I am in a similar business

2 Likes 1 Share

Re: Is 500k Enough To Open A Unisex Salon? by nairaman66(m): 11:26am On Jan 31
With the picture above, you need minimum of 4-5 million.

6 Likes

Re: Is 500k Enough To Open A Unisex Salon? by airminem(f): 11:28am On Jan 31
Designerdollars:
Common 500k ?grin Op you no well grin cheesy no go find cheap lappi make you begin dey press. Use the rest money for food and credit grin
F for FULL wink

8 Likes 1 Share

Re: Is 500k Enough To Open A Unisex Salon? by Ibrahiimo(m): 11:29am On Jan 31
UnknownQueen:
Please what investment can i go into with 450k
But I have a question, why do people that bear these names" queen, diva, pretty, light queen, etc, always look UGLY in real life?

15 Likes 5 Shares

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