Barber Shops in New Mexico
Revenue benchmarks for barber shops businesses operating in New Mexico.
#35 of 50 states-10.7% vs national avg
Average Revenue
$290K
per year
Businesses
25
in New Mexico
Revenue / Employee
$78K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.2
firms per 100K in NM
Total Revenue
$7.2M
all firms in NM
Total Employees
93
in NM
How New Mexico Compares
National Average$325K
New Mexico$290K
Difference$35K (-10.7%)