Cosmetology and Barber Schools in Minnesota
Revenue benchmarks for cosmetology and barber schools businesses operating in Minnesota.
#39 of 50 states-35.8% vs national avg
Average Revenue
$562K
per year
Businesses
21
in Minnesota
Revenue / Employee
$62K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.4
firms per 100K in MN
Total Revenue
$11.8M
all firms in MN
Total Employees
190
in MN
How Minnesota Compares
National Average$875K
Minnesota$562K
Difference$313K (-35.8%)