Bank-ready project report for hair salon, unisex salon, barber shop, or beauty parlour. PM Vishwakarma and MUDRA format with equipment list and revenue projections.
No credit card · PM Vishwakarma & MUDRA format · PDF + Word + Excel
| Item | Estimated Cost |
|---|---|
| Shop Interior & Renovation | ₹30,000–₹1,50,000 |
| Salon Chairs (3–6 units) | ₹25,000–₹1,00,000 |
| Mirrors & Dressing Tables | ₹15,000–₹60,000 |
| Hair Washing Station / Basin | ₹10,000–₹40,000 |
| Hair Dryer, Steamer, Clippers | ₹15,000–₹60,000 |
| Facial Machines, UV Sterilizer | ₹10,000–₹40,000 |
| Air Conditioner | ₹25,000–₹60,000 |
| Products & Consumables (initial stock) | ₹15,000–₹50,000 |
| Sign Board & Branding | ₹5,000–₹20,000 |
Barber shops and hair salons are covered under PM Vishwakarma Yojana (for traditional hairdressers/Naais) at just 5% interest, up to ₹3 lakh in Phase 1 and ₹15 lakh in Phase 2. MUDRA Shishu (up to ₹50K) is ideal for basic setup, MUDRA Kishor (₹50K–₹5L) for a full-equipped salon. PM Vishwakarma specifically lists 'Hairdresser (Naai)' as one of the 18 eligible trades.
A salon/barber shop project report must include: (1) Shop lease details and location, (2) Equipment list — salon chairs, mirrors, washing stations, steamers, hair dryers, clippers, (3) Service menu with pricing — haircut, hair colour, facial, threading, (4) Monthly revenue projection based on daily customer count, (5) Staff plan — number of beauticians/barbers and salaries, (6) Working capital — products, consumables stock, (7) DSCR ≥ 1.25 for repayment (service business), (8) CMA data if applying for CC working capital limit.
A basic barber/unisex salon setup costs ₹1–₹3 lakh (2–3 chairs, basic equipment). A full-equipped beauty parlour costs ₹3–₹8 lakh (AC, premium chairs, facial machines, steamer). A premium unisex salon with branded products costs ₹8–₹20 lakh. Your project report should break down each cost item with vendor quotations.
A small barber shop with 2 chairs doing 30–40 customers/day earns ₹40,000–₹70,000 monthly revenue with net profit of ₹15,000–₹30,000. A full ladies beauty parlour with 3–4 stations earns ₹80,000–₹2,00,000 monthly. A unisex premium salon in a market area earns ₹2–₹5 lakh monthly. Your Year 1 projection should start conservatively at 50–60% capacity.
For PM Vishwakarma Yojana: Aadhaar card, PAN card, proof of traditional trade (family certificates or skill training certificate), bank account, PM Vishwakarma registration certificate (obtained from common service centres). The loan amount is ₹1 lakh in Phase 1 at 5% interest, repayable in 18 months. After successful repayment, Phase 2 allows up to ₹2 lakh, and further up to ₹15 lakh.
Salons with turnover below ₹20 lakh are exempt from GST. However, GST registration improves loan eligibility and allows input credit on products purchased. For MUDRA loans, GST is not mandatory. For PMEGP or larger loans, it is strongly recommended. Salons providing home service or online appointments should consider voluntary GST registration to appear formal to banks.