It depends on your location, the services you offer, your prices, and how well you run the business. A well-run barbershop can make a healthy profit, especially if you keep costs in check and offer services and products that keep clients coming back. It's a journey, but it can be a profitable one.

Truefitt & Hill is the oldest barbershop in the world, as certified by Guinness Book of World Records in April 2000. Truefitt was established in 1805 by William Francis Truefitt, who styled himself as hairdresser to the British Royal Court and the firm received their first Royal Warrant from King George III.