SIC 7230 | NAICS 812110
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Monthly trade journal provides news and information for salon owners and managers with a primary focus on business and technology topics, and features a team of industry experts that offer advice on a variety of business-related topics including salon design, leadership, marketing, social media, compensation, and personnel development. Digital editions of the magazine are available online.
Monthly trade publication features news and information for salon owners and managers, with topics covered in the business section of its website including career, management, marketing, retail, and decor/design and regular magazine features including the "Better Business" section that provides readers with tips on how to improve salon sales and profitability and profiles successful operators.
Monthly trade journal features news and information for nail care professionals, with topics covered in its business section including business management, marketing and promotions, customer service, retail, money matters, and operator profiles, and with special features including the "The Big Book" supplement published in November that provides an in-depth statistical look at the nail care business.
The Big Book
Annual study provides an in-depth statistical look at the nail care business, with topics covered in the study including nail technician demographics, types of services offered, average service prices, best selling retail products, client demographics, number of clients served per week, and average income per week. Statistical sections from current and archived editions of the study are available free online.
National Salon/Spa Industry Profile
National profile provides an overview of the industry based on statistical data from the U.S. Bureau of Labor Statistics and U.S. Census Bureau, with data provided in the profile including number of firms, sales volume, employment, and weekly hours. State and U.S. Congressional district profiles are also available by state or district for all 50 states, 435 Congressional districts, and the District of Columbia.
National Salon/Spa Industry Tracking Survey
Quarterly survey of salon/spa owners and managers provides detailed analysis of demographic and economic trends affecting the industry, with topics covered in the survey including service and retail sales, customer traffic flow, back bar costs, service pricing, employee staffing levels, hours worked, and capital spending, and with survey data broken out by sales volume and other selected criteria.
Salon/Spa Performance Index
Quarterly composite index based on responses to the national industry tracking survey discussed above measures the health of the industry in terms of both current conditions and expectations in relationship to a base level of 100, with an index value above 100 indicating a period of expansion for this sector and an index value below 100 representing a period of contraction for this sector.
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level including:
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenue by major category (e.g., purchases, wages, depreciation, marketing, rent, utilities, other costs, and earnings before interest and taxes) for the most recent year and line graphs indicating trends for each category over the past five years. Sample report can be viewed free online.
Annual employment and wage survey provides hourly and annual wage data for persons employed in the personal care services sector that provide hair, nail, and skin care services, with data reported on a national, state, and metropolitan area basis for the following job categories: barbers; hairdressers, hairstylists, and cosmetologists; manicurists and pedicurists; shampooers; and skin care specialists.
Free online service provides median salary and hourly wage data for job positions in this personal care sector such as salon manager, hairstylist, hairdresser, and cosmetologist, with employers for which salary or hourly wage data is provided including Regis Corporation (d/b/a Regis, Supercuts, and SmartStyle), Fantastic Sams, Great Clips, Inc., Sports Clips, Inc., and Ratner Companies, LC.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.