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Hoover's is Beta Testing our Industries section.
Hair Salons Industry Financials
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Hair Salons Industry Financial Summary
In the US, about 80,000 hair care salons (75,000 beauty salons; 5,000 barber shops) generate combined annual sales of $16 billion. Large companies include Regis Corp. The industry is highly fragmented: the 50 largest companies hold just 15 percent of the market. The large majority of salons are independently owned. A large salon has annual revenue of about $300,000 and 10 employees.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Hair Salons industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 812111 | Barber shops | 4,060 | $505,983 | $225,951 | 13,221 |
| 812112 | Beauty salons | 73,953 | $15,113,025 | $6,754,142 | 414,545 |
| 812199 | All other personal care services | 9,863 | $2,011,164 | $536,287 | 49,112 |
| All NAICS Sectors | 87,876 | $17,630,172 | $7,516,380 | 476,878 |
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