Spa Resorts and Day Spas

Spa Services
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


International Spa Association
Information resources available from this trade association include:

The U.S. Spa Industry - Fast Facts
http://www.experienceispa.com/media/facts-stats/
Summary statistical overview of the spa industry. Available free online.

Spa Industry Study
http://www.experienceispa.com/education-resources/
Select "Research and Business Tools - Industry Research"
Study provides a current profile of the spa industry in North America by addressing essential components such as size, rate of growth, key trends, medical services, and retail, and includes information on the number of spas in Canada and the United States, industry revenues, space utilization, employment, and spa visits.

Consumer Trends Report
http://www.experienceispa.com/education-resources/
Select "Research and Business Tools - Consumer Research"
Report covers significant consumer trends and how they affect the spa industry, and describes how consumers changing lifestyles are driving current and future spa behavior and identifies significant future consumer trends in the U.S. spa industry.

Spa-Goer Study
http://www.experienceispa.com/education-resources/
Select "Research and Business Tools - Consumer Research"
Study looks at the profile and habits of spa users at day spas, resort/hotel spas and destination spas, and addresses key questions such as: when and why people are going to spas, frequency, services rendered, payment, and which products are purchased during the visit.

The Day Spa Association
Information resources available from this trade association include:

The Day Spa Business Bible
http://www.dayspaassociation.com/
Select "Spa Library - Reports, Surveys, Statistics"
Industry resource manual covers all pertinent issues that an owner faces when opening a day spa, expanding a salon into a day spa, or trying to run their day spa business more efficiently.

Day Spa Business Report
http://www.dayspaassociation.com/
Select "Spa Library - Reports, Surveys, Statistics"
Day spa industry survey that provides detailed information for spa businesses.

Professional Beauty Association
Information resources available from this trade association include:

National Industry Profile
http://www.probeauty.org/research/
Profile provides an overview of the industry based on federal government statistics covering hair salons, spas, nail salons, and barber shops, and includes data on the number of establishments, sales volume, employment, weekly hours, and more.

National Salon / Spa Industry Tracking Survey
http://www.probeauty.org/research/
Quarterly tracking survey provides information on sales trends and outlook, customer traffic flow, pricing and costs, staffing levels, capital spending, and more, with survey results broken out by annual sales volume. Survey can be viewed free online.

Salon / Spa Section Survey Report
http://www.probeauty.org/research/
Report presents a detailed overview of salons and spas, including typical costs for salon services, employee benefits offered, technology use, owner profiles, and more.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook -
Barbers, Cosmetologists, and Other Personal Appearance Workers
http://www.bls.gov/oco/
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

Entrepreneur Magazine Business Startup Kits
How To Open A Salon or Day Spa
http://www.entrepreneur.com/toolkit
Free startup kit provides an overview of the industry and key factors to be considered in starting a business.

Entrepreneur Magazine Business Startup Guides
How To Start A Hair Salon & Day Spa
http://www.smallbizbooks.com/
Startup guide provides an overview of the industry and takes users through the various aspects of starting a business and running it successfully. Detailed table of contents and excerpts from the guide are available free online.

Industry Market Research Reports
http://www.marketresearch.com
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
http://www.bizminer.com
Industry statistics include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia, Euromonitor, Dun & Bradstreet, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.


Industry Financial Ratios
http://www.bizminer.com
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample reports with detailed financial ratio analysis can be viewed free online.

International Spa Association
Financial Trends & Operating Report
http://www.experienceispa.com/education-resources/
Select "Research and Business Tools - Financial Management"
Survey provides comparative information on departmental revenue, payroll expenses, non-payroll expenses, retail operations, and other initiatives.

The Day Spa Association
Day Spa Benchmarks
http://www.dayspaassociation.com/
Select "Spa Library - Reports, Surveys, Statistics"
Day spa benchmarking survey focused on services, operations, and business mix.


International Spa Association
Online Spa Industry Compensation and Benefits Survey
http://www.experienceispa.com/education-resources/
Select "Research and Business Tools - Compensation"
Online resource offers Web-based compensation and benefits survey information. Survey is applicable to all resort/hotel, destination, mineral springs, medical, cruise ship, club, and day spas. The 30 positions included in the survey cover titles such as fitness director/manager, spa director, massage therapist, cosmetologist, and spa attendant. Data is reported for base hourly or salaried rate, commission amounts, and pay per treatment or service and can be compared on a national, regional, state, and local market level.

The Day Spa Association
Day Spa Compensation and Benefits Survey
http://www.dayspaassociation.com/
Select "Spa Library - Reports, Surveys, Statistics"
Report highlights the main methods of compensation and employee benefits currently used in the day spa industry, including the rate of pay, retail sales commissions, health insurance benefits, and retirement plans, key factors in maintaining positive employee relations, and operating a profitable day spa.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook -
Barbers, Cosmetologists, and Other Personal Appearance Workers
http://www.bls.gov/oco/
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.


Small Business Valuation Formula Multiples
Day Spas and Salons
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for day spas and salons and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.



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