Wig Shop with Fitting and Styling

People with hair loss from medical treatment or alopecia, people wanting a style change, and customers who wear wigs for fashion, costumes or convenience.

Profit on wig and accessory sales, plus paid services like fitting, cutting, styling and cleaning. Repeat customers buy care products and replacements.

• Customer service with sensitivity
• Basic wig fitting and styling
• Buying and stock control

• Local business license, sales tax registration and a resale certificate for buying wholesale (check your state)
• Whether cutting or styling wigs on site needs a cosmetology license in your state, check your state licensing board
• General liability insurance and lease terms
• Stock tied up in inventory, start with a small range
• If you help customers with insurance claims for medical hair loss, check what paperwork is needed and avoid promising reimbursement

Startup costs are typically around $15,000 to $60,000, depending on your premises, fit-out and how much stock you buy. Monthly revenue is typically around $4,000 to $20,000, depending on location, product range and how many customers use fitting and styling.

Check your state for a local business license, sales tax registration and a resale certificate for buying wholesale. Also check with your state licensing board whether cutting or styling wigs on site needs a cosmetology license.

You need sensitive customer service, basic wig fitting and styling, and good buying and stock control. Inventory ties up cash, so start with a small range. Plan on typically 35 hours a week or more.