Understand the opportunity. Make your own decision.

Your prices

The "% of clients" column is your best guess at how your bookings split between services. It should add up to 100%.

Your schedule

Your monthly costs

Total: ... a month, plus repair savings below. "Everything else" covers things like licensing, phone, booking software, parking or site fees, cleaning, and water and dump fees.

Also counted: $3 per appointment for supplies and laundry, 3% of sales for card processing, your travel cost for each private call, and your repair savings deposits. Monthly costs are counted for all 12 months, even if you work fewer weeks. Money moved into repair savings is still yours. It's set aside, not spent. Tips aren't included. Taxes aren't included either, so set aside money for income and self-employment taxes. This is a planning tool, not a promise of income. Insurance, fuel, repairs, and vehicle replacement don't go away after the loan is paid off.

One chair means one barber serving one client at a time. Confirm that the number of appointments you enter is achievable with service times, setup, travel, breaks, and cancellations. Growth is a hypothetical year-over-year change in bookings.

Staffing and operating expenses

Include all employee compensation, payroll taxes, and benefits in the staffing percentage. Fixed costs should include insurance, fuel, licensing, parking, software, utilities and overhead, but not loan payments or repair-reserve deposits, which are calculated separately. The 6% variable-cost example can cover supplies and processing fees.

What it adds to your existing shop

Count only new storefront customers with appointments your shop has room to fulfill. Profit per visit means the money remaining after paying the barber and other additional costs, not the full haircut price. Shifted bookings subtract income your existing storefront would otherwise have earned. Referred customers begin contributing in the month they're acquired and are retained according to your annual assumption.

Purchase and financing

Repair reserve · savings, not an operating expense

Choose a maintenance savings target. Deposits stop when the reserve is full and resume when repairs reduce its balance. Repair expenses are deducted once from profit; transfers into the reserve only affect spendable cash.

Your first-year investment picture

Five-year projection

See the operating earnings, actual loan payments, spendable cash, and remaining repair savings for each year. This projection assumes the scheduled operating days and base prices remain unchanged except for any bookings growth you've entered.

The projected net position adds five years of spendable cash, the increase in reserve savings, and estimated net proceeds from selling the vehicle, then subtracts the upfront purchase cash. Resale is hypothetical; the vehicle does not have to be sold to continue operating. Loan balance is deducted from estimated resale proceeds. Negative annual cash flow would require additional owner funding.

No taxes, depreciation, inflation, sales growth from higher prices, vehicle replacement, extraordinary downtime, or sales commissions beyond the inputs are assumed. Customer acquisition and retention are estimates, not guaranteed sales. Do not use this projection in place of a business plan or professional accounting advice.