Nail Salons in Michigan
Revenue benchmarks for nail salons businesses operating in Michigan.
#37 of 50 states-9.3% vs national avg
Average Revenue
$229K
per year
Businesses
195
in Michigan
Revenue / Employee
$78K
per year
Labor Cost
38.0%
of revenue
Profit Margin
8.0%
industry average
Market Saturation
1.9
firms per 100K in MI
Total Revenue
$44.7M
all firms in MI
Total Employees
574
in MI
How Michigan Compares
National Average$253K
Michigan$229K
Difference$23K (-9.3%)