Barber Shops in Minnesota
Revenue benchmarks for barber shops businesses operating in Minnesota.
#30 of 50 states-4.4% vs national avg
Average Revenue
$310K
per year
Businesses
80
in Minnesota
Revenue / Employee
$76K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.4
firms per 100K in MN
Total Revenue
$24.8M
all firms in MN
Total Employees
325
in MN
How Minnesota Compares
National Average$325K
Minnesota$310K
Difference$14K (-4.4%)