Economics & margins
Beauty salon operating margin in 2020
In 2020, US beauty salons with paid employees kept only 8.3% of revenue after operating expenses: revenue fell 28% from 2019 while costs fell 19%.
Revenue was back above its 2019 level by 2022. Fixed costs such as rent kept running through the closures.
This figure is load-bearing across 1 page on SalonAI. See where, below.
Source
Where this number comes from. The end of the reference chain.
Service Annual Survey: 2022 release, Tables 2 and 3 (revenue and expenses of employer firms, 2013 through 2022)
US Census Bureau/2022/gov
Where this number is used
Every page on SalonAI that leans on this figure. This is the point: a number is not a dead end, it is a node, and you can see exactly what it supports and follow it up the hierarchy.
Original research (1)
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