Cosmetology and Barber Schools in Michigan
Revenue benchmarks for cosmetology and barber schools businesses operating in Michigan.
#16 of 50 states+3.4% vs national avg
Average Revenue
$905K
per year
Businesses
37
in Michigan
Revenue / Employee
$66K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MI
Total Revenue
$33.5M
all firms in MI
Total Employees
505
in MI
How Michigan Compares
National Average$875K
Michigan$905K
Difference+$30K (+3.4%)