Beauty Salons in Minnesota
Revenue benchmarks for beauty salons businesses operating in Minnesota.
#4 of 50 states+36.6% vs national avg
Average Revenue
$546K
per year
Businesses
1,316
in Minnesota
Revenue / Employee
$78K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
23.1
firms per 100K in MN
Total Revenue
$718.1M
all firms in MN
Total Employees
9,178
in MN
How Minnesota Compares
National Average$399K
Minnesota$546K
Difference+$146K (+36.6%)